19 Dec '11, 1pm

New financial rules to take effect from 1 January 2012

I agree that these new financial policies has a good objective and aim; to regulate the financial industry and safeguard investors. But this is only from the perspective of the government. However, has the government consider the perspectives of investors and industry-practitioners? I proposed my arguments below: What about self-directed investors that have spent their precious times in acquiring sufficient investment knowledge (without having formal financial qualifications)? Are we discouraging these society from investing for their financial security? And subsequently can the government afford to support these society in their retirement years (when their CPF savings are't enough)? In raising the retirement age, the ultimate aim is for the society to be self-reliant and self-sufficient. Those already in their retirement years and unable to work, their alternative source...

Full article: http://tankinlian.blogspot.com/2011/12/new-financial-rule...

[Daily Blog Reads] 2012, i'd take you on.

bongqiuqiu.blogspot.com 29 Dec '11, 11pm

I've been places.. I ate good food.. I had many many first-times happened this year. I still have the good and nice friend...