QUESTION
I read your article at your blog (My personal experience in managing my own money).
Please advise me on the basic criteria to selecting investment funds? How different is investing in such funds managed by NTUC as compared to the ones offered by banks or other finanical institutes? If I already have life insurance policies, does it make sense to buy investment-linked policies?
REPLY
Dear
You can find the answers in the following FAQ for single premium and regular premium investments:
http://www.income.coop/insurance/flexilink/faq2.asp
http://www.income.coop/insurance/ideal/faq2.asp
Many people have life insurance policies and is supplemented by investment linked policies. For example, they get their protection through whole life or term insurance policies and make their savings (including CPF savings) in the investment linked policies.
I will ask my colleague to get a product specialist to contact you. You can ask more questions from this specialist.
Tan Kin Lian
CEO, NTUC Income
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