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‘It is vitally important they are realistic, understandable and consistent’ When people invest in a pension or other financial products they are given illustrative projections as to how their money could grow over time. For pensions specifically, clients get three which represent high, low, and intermediate estimates based on the economic environment and outlook. But interest rates have been dragging along the bottom since the global financial crisis. This decade of low return will have affected the long-term growth potential of pensions and investments – but do the illustrations reflect that? Realistic assessment Steven Cameron, pensions director at Aegon, told International Adviser that the intermediate rate is capped by the Financial Conduct Authority, and is currently at 5%. ....
In the past year, Singapore s security sector has had to adapt to the disruption caused by the pandemic. While the change to a more technology-based and manpower-light operational set-up would have come eventually, Covid-19 has accelerated it. Mr Nelson Tee, president of the Security Systems Association of Singapore, told The Straits Times: The Covid-19 pandemic was a catalyst to quicken the adoption of new technologies. Without Covid-19, there would still be change, but at a slower pace. Where it was previously common to see two or three officers manning a condominium security post, one is now the norm. Booking-in applications and online pre-registrations for condominium visitors offer convenience and less exposure for both visitors and security officers, said Mr Tee. ....
February 09, 2021 PHOTO: 123rf There are many things to look forward to during Chinese New Year. The company, the red packets, and most importantly, for some of us to say the least, the food. And aside from the rounds of hotpot and baked goodies we’ll be filling our tummies with, there is one main staple that many of us can’t live without the bak kwa. From brands like Lim Chee Guan to the iconic Bee Cheng Hiang, we scope out the best places to get delicious slices of bak kwa in Singapore just in time for the Chinese New Year festivities. ....
Singapore: Great Eastern launches GREAT Vaccine Fund asiainsurancereview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiainsurancereview.com Daily Mail and Mail on Sunday newspapers.