28 Mar '12, 8pm

Latest MAS initiative on financial regulation is good, but more should be done

Latest MAS initiative on financial regulation is good, but more should be done

Latest MAS initiative on financial regulation is good, but more should be done March 29, 2012 by admin Filed under: Current Affairs and Politics Written by Ng E-Jay 29 March 2012 The Monetary Authority of Singapore (MAS) announced on Monday that it would launch a Financial Advisory Industry Review (FAIR ) aimed at lowering the cost of financial products sold by commission-based insurance agents, and raise the quality of advice provided. I welcomes these moves, but feel more should be done. A key MAS proposal involves re-examining the current structure of life insurance policies in which the buyer pays commission to the agent as well as the agent’s supervisor. This fee structure is widely used around the world, so MAS might encounter resistance when trying to reign in insurance companies who operate not just in Singapore but globally. Mr Ravi Menon, a managing director of M...

Full article: http://www.sgpolitics.net/?p=7472

Tweets

Great recycling initiative from footlocker

footlocker.eu 27 Mar '12, 12pm

਍ℼ佄呃偙⁅瑨汭倠䉕䥌⁃ⴢ⼯㍗⽃䐯䑔堠呈䱍ㄠ〮吠慲獮瑩潩慮⽬䔯≎∠瑨灴⼺眯睷眮⸳牯⽧剔砯瑨汭⼱呄⽄桸浴ㅬ琭慲獮瑩潩慮⹬瑤≤ാ㰊瑨汭砠汭獮∽瑨灴⼺眯睷眮⸳牯⽧㤱㤹砯瑨汭㸢਍格慥⁤摩∽瑣ぬ弰效摡∱㰾楴汴㹥਍匉潨⁥睳灡਍⼼楴汴㹥洼瑥⁡摩∽瑣ぬ弰敭慴敄...

Sweeping changes to the financial industry is c...

thefinance.sg 27 Mar '12, 10am

Yesterday, the Managing Director of Monetary Authority of Singapore announced possible sweeping changes to the financial i...

Prata not only tastes good, it can make you feel good too - the prata massage

Prata not only tastes good, it can make you fee...

singaporeseen.stomp.com.sg 29 Mar '12, 2am

Fancy a curry with your massage? Singaporeans love prata, but aside from eating it, did you know that roti prata dough is ...

What has NS done for you? (Alvinology) #WhatHas...

alvinology.com 27 Mar '12, 4pm

NS is good for all and has done a lot for Singapore born males. Females and foreigners should enlist too. MINDEF: “What wo...

@missypotato "After you are done with the payme...

ilovelrh.com 02 Apr '12, 7am

E-mail : &nbspMandatory Field Please enter a valid e-mail Invoice Number : &nbspMandatory Field

Stay up to date with the latest #EarthHour news at

Stay up to date with the latest #EarthHour news at

earthhour.org 31 Mar '12, 8pm

As the largest ever Earth Hour wraps up across Asia, Nelson Mandela has taken to Twitter to show his support for the cause...

great

sportsscientists.com 31 Mar '12, 6pm

It is true that genetic "proof" has yet to be provided. But elite sporting performance is too complex, and genetic factors...

Singapore Financial Services Sector To Face Dra...

thefinance.sg 27 Mar '12, 10am

Singapore Financial Services Sector To Face Dramatic Changes by Calvin Yeo on March 27, 2012 Monetary Authority of Singapo...

@ecooutfitters & #SolarChat DOE SunShot still s...

eere.energy.gov 28 Mar '12, 6pm

EERE » SunShot Initiative » Financial Opportunities Printable Version Share this resource Send a link to SunShot Initiativ...

Just contributed to @archforhumanity Check out ...

architectureforhumanity.org 30 Mar '12, 8pm

We are looking to for architects and non-architects (who love architecture) to show that good design is much more than the...

MAS launches 2012 Native Orchids of Singapore coins

MAS launches 2012 Native Orchids of Singapore c...

straitstimes.com 30 Mar '12, 4am

The orchids featured are the Arundina graminifolia (left) and Bulbophyllum macranthum. -- PHOTO: MAS The Monetary Authorit...

Walk for MAS?

rockybru.com.my 05 Apr '12, 8am

Forget Bersih 3.0. Blogger Big Dog is instigating stakeholders of Malaysia Airlines and the ordinary people to take to the...

#SecArmy McHugh: "Just being good enough is no ...

army.mil 28 Mar '12, 12am

FORT BRAGG, N.C. (March 27, 2012) -- "Just being good enough is no longer going to be good enough," said John M. McHugh, s...

MAS to conduct comprehensive review of financial advisory industry

MAS to conduct comprehensive review of financia...

straitstimes.com 26 Mar '12, 1pm

The Monetary Authority of Singapore (MAS) said it will conduct a comprehensive review of the insurance industry that could...