26 Jun '12, 9am

Unit Trust Platforms in Singapore

Many years ago, unit trusts were sold exclusively by the banks and other financial institutions in Singapore. In the good old days (to the sellers), funds were sold at an upfront sales charge of 5%. Insurance companies then joined in the fray when they launched investment-linked (ILP) type of insurance policies, which were a special type of insurance policies that invested into unit trusts. Most of the time, the charges were also high as they were mainly embedded within the plans. When the internet came about, online platforms emerged as another avenue for retail investors to purchase unit trusts. Without … Read the full article → Related posts:“Double Charges” in a Regular-Premium ILP New Guidelines to Access Customer Knowledge and Experience Insurance Industry Statistics Q2 2011

Full article: http://thefinance.sg/2012/06/26/unit-trust-platforms-in-s...

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