PUBLISHED: Thursday, 2009-10-22
Category:
Financial Planning ,Insurance Planning ,Regulatory
Dealing with life and all its complexities just got easier for life insurance policyholders. With the new Insurance Nomination Law in effect from 1 September 2009, policyholders now have more flexibility and control in naming their beneficiaries and a choice of control over the policy. For policies purchased from 1 September 2009, you now have a choice to make a trust nomination or a revocable nomination, as best suits your purposes.
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PUBLISHED: Thursday, 2010-05-20
Category:
Estate Planning ,Financial Planning ,Regulatory ,Retirement Planning
You may or may not have heard about it, which was passed two years ago by the Parliament in Singapore but only took effect on 1st March 2010. The Mental Capacity Act serves to protect the mentally-incapacitated, a group that is expected to increase with Singapore’s aging population and rising dementia rates.
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