Know What's Ethical

Minister for Health Khaw Boon Wan said,

"Doctors should be aware that they should not prescribe procedures of dubious benefits to their patients, exposing them to unnecessary risk or financial cost. If they do so, they will be considered unethical."

I hope that MAS Chairman Goh Chok Tong will say the following:

"Financial advisers should be aware that they should not prescribe financial and insurance products of dubious benefits to their clients, exposing them to unnecessary risk or financial cost. If they do so, they will be considered unethical."

This message, coming from the highest level in MAS, will address the marketing abuses in the financial services market.