Jonathan Chua

Retirement to me means these three things all at once: no longer having to work for a living being the boss of my daily schedule 100% doing what I want to and not what I have to One of my main retirement goals is to stay in different cities every three months in a year. As a resident, not a tourist. I want to live simply like the locals and immerse myself in their culture and lifestyles. These goals drive me to plan my financial fitness and also motivate me to be mindful about keeping physically healthy to enjoy these experiences. My retirement goals are on track, but the roadmap is not something I am developing on my own. As a veteran Financial Consultant, I’ve helped many clients with their retirement planning and I understand the pitfalls of being human. That is why for my own retirement roadmap, I engaged another trusted qualified financial planner. Let me explain why I choose to do so. When we plan ahead, we are making important decisions. There will be blind spots we don’t see, a

SG Alliance Pte Ltd, the newly minted financial advisory firm licensed by the Monetary Authority of Singapore, will deploy advanced digital business automation systems and tools to drive operational efficiency with the key focus on good, old-fashioned human touch. In May 2021, SG Alliance Ptd Ltd (“SGA”) received its official license to operate as a financial advisory firm licensed by the Monetary Authority of Singapore. Central to the firm’s business strategy is the adoption of digital technology including AI, machine learning and advanced CRM automation tools to make client interactions and business operations processing faster, easier and safer than ever before. Like every entrepreneur well plugged into the future of economies, SGA founders, Executive Director Pang Kong Bin and Chairman Caster Ong, are firm advocates of investing in the best technology for business. For Pang and Ong, technology is a tool for humans, and being centred on technology-driven efficiency does not have to

SINGAPORE'S HEALTHCARE SYSTEM The Ministry of Health (MOH) believes in ensuring quality and affordable basic medical services for all. Singapore’s healthcare system is designed to ensure that everyone has access to different levels of healthcare in a timely, cost-effective and seamless manner. MOH and its statutory boards are responsible for regulating Singapore’s healthcare system. All Healthcare facilities such as hospitals, medical centres, community health centres, nursing homes, clinics (including dental clinics), and clinical laboratories (including x-ray laboratories) are required to apply for licence under the Private Hospitals & Medical Clinics (PHMC) Act/Regulations.  All Healthcare facilities are also required to maintain a good standard of medical / clinical services under PHMC Act/Regulations. The Ministry continuously works to shape the future of healthcare in Singapore and actively promotes healthy living and preventive health programmes as well as high standards

SingHealth Polyclinics Eastern region – Singapore Health Services (SingHealth) At SingHealth Polyclinics, we are  committed to working with our patients  to continually improve care. Patients who are informed about their conditions and actively engaged in their care benefit most from this partnership. We are pleased to present clinical indicators that track a range of conditions commonly managed at our Polyclinics. We hope that patients will be encouraged that many do well, and also find the accompanying information on their conditions useful. As part of a wider community of healthcare providers who are continually innovating to improve care delivery, we hope that our clinical indicators will be of interest, and welcome input from other organisations that share our passion for patient care. SingHealth Polyclinics comprises a network of nine polyclinics: Bedok Bukit Merah Eunos Marine Parade Outram Pasir Ris Punggol Sengkang Tampines read more REORGANISATION OF HEALTHCARE SYSTEM INTO TH

Wellnex is a provider of affordable & reliable healthcare & fitness lifestyle services. It offers healthcare & many other exciting benefits to its clients, family & friends. For example, a General Practitioner medical consultation will cost only $12 in more than 300 Singapore clinics, $50 for Dental polishing / scaling consultation & many other healthcare benefits. There are also plenty of exciting retail & lifestyle discounts to enjoy. It is totally  * FREE *  to join & you can even sign up for your spouse, kids, & even your domestic helper. Don't worry, there are no obligations whatsoever & you don't need to buy anything. Please click on the link  https://wellnexmember.my-insurer.net/home?referralCode=A000840  to sign up. Yo u are now a Wellnex member, and you just need to  download the Wellnex app To  Sign In the app, your credentials will be: - Username: your email - Password: Same as your email (note the password is case sensitive; you w

Advance Care Planning for Future Health Crises Advance Care Planning (ACP) and Advance Medical Directive (AMD) are two tools that you can use to indicate your preferences for medical care for future contingencies, when you are not able to make decisions for yourself. These directives guide healthcare professionals and your loved ones when making decisions on your behalf, and more importantly, it relieves loved ones of the burden of not knowing what you would have wanted. “By indicating your preferences in advance, you can ensure that you will get the medical care you desire during a future medical crisis,” says Ms Sumytra Menon, Senior Assistant Director, Centre for Biomedical Ethics (CBmE), Yong Loo Lin School of Medicine, National University of Singapore (NUS). The ACP process consists of a series of wide-ranging discussions with loved ones you have selected and doctors and facilitated by a trained ACP facilitator on your future health and personal care preferences. At the end of the

Healthcare in Singapore THE LASTING POWER OF ATTORNEY (LPA)​allows you to legally appoint one or individuals to make decisions on your behalf if you are mentally incapacitated A lasting power of attorney (LPA) is a type of advance directive that allows you to legally appoint one or more individuals to make decisions and act on your behalf if you are mentally incapacitated. This legal document is made under the Mental Capacity Act in Singapore. Anyone who is 21 years old and above, and has the mental capacity to make an LPA, is eligible to make one. The legal term for the person who makes the LPA is a donor and the person who is appointed is known as the donee. A donor can appoint one or more donees to act in one or both of the following areas: Personal welfare and healthcare Property and affairs Your donee should be at least 21 years old and someone who you believe is trustworthy, reliable and competent to make decisions for you. “The LPA only kicks in when the donor loses capacity to

His hospital bill: $1.2 million This is not what someone paid for a home. Rather it is the medical bill businessman Danny Foo accumulated for the 14 months he was in a vegetative state. The 48-year-old partner of Quayside Group died last Tuesday. He had collapsed and fallen into a coma in July last year, two weeks after he first sought treatment for an infected leg at a private hospital. "Fortunately, Danny had the foresight to buy insurance early. We have only to pay 10 per cent of the bill, but $120,000 is still a pretty huge amount for the family to pay," Mr Foo's elder brother Steven, 49, told The New Paper. source

Ignite Wealth Group Dinner at Fullerton Hotel David Sam is feeling blessed with Jonathan Chua and 3 others A very fun night with our awards winning Financial Consultants and Managers. Recognition of hardwork in 2021! Job well done Ignite Wealth Group ! read more

A group of representatives representing SG Alliance Pte Ltd ‘iGniters’ are team players who are always progressing and upskilling to empower clients with the latest knowledge, tools and resources in financial planning. This team is galvanised and grounded in the perspective that becoming successful at anything worth striving for is simply about never giving up. While the team values the prize of materialistic wealth, it strives for the greater goal of inner wealth, in each consultant’s own life journey and also for their clients. Over and above the right financial tools and knowledge, each team member is constantly advancing in the finer aspects of character development and personal growth built on the group’s core values of integrity, commitment and resilience. Established in 2021, SG Alliance is a financial advisory firm spearheaded by owner-directors Pang Kong Bin and Caster Ong. Born into working-class households in 1950s’ Singapore, both men started work life early, helping their

One SGA App SG Alliance is pleased to introduce One SGA App, a new by invitation only membership platform, offering fantastic medical, financial services and Wellness benefits for you, your family and friends. Sign up here: https://jointo.access-my.app//home?tenantCode=SGA&referralCode=A002683 Please do not worry. This is not an online Scam. Download the authentic app & sign up using your email & password. No other personal details, bank account & credit cards are required. For further information, please feel free to give me a call at SG Alliance. Thank you. Assure your Love Ones with a well-made insurance nomination We buy insurance for the peace of mind that our lives will not be financially upended by any unforeseeable event. Insurance further assures us that our dependants are well looked after, should anything disrupt our ability to continue providing for them financially. A part of everybody’s financial planning journey is to correctly set up the insurance nomina

Why you need life insurance Life insurance helps to protect you and your family against financial loss. Find out why you need life insurance and how to assess how much insurance you should buy.  The primary reason we buy life insurance is for protection — it can provide financial back-up during emergencies when we pass on or become totally and permanently disabled. Some life insurance products bundle insurance with an investment component and can be used to provide for your retirement income or to accumulate savings to leave behind for your loved ones. These will cost more.  A life insurance policy is a contract between you and an insurance company. In return for the benefits provided by your policy, you pay a premium for an agreed duration. There are 2 main categories of products: Term insurance – Sometimes called unbundled products as they provide you with protection coverage for a fixed period of time without any investment feature. Bundled products – Refers to whole li

Who Should Be Blamed For The Unsustainable Increase In Private Healthcare Cost? Earlier this week, the Life Insurance Association (LIA) of Singapore shared some worrying trends about the cost of private healthcare in Singapore. Here are some extracts to consider. The above chart, obtained from the Ministry Of Health (MOH), shows that the median bill size for private hospitals have been increasing at a rate of about 15% per annum over the past two years. This is in contrast to public hospitals, which have seen a reasonable increase of about 2-3%. Singapore long-term inflation rate is about 2-3% per annum. What this means is that while medical bills from public hospitals are in line with our inflation rate, the same cannot be said for bills from private hospitals. When we look at the average bill sizes incurred by the five insurers that provide integrated shield plans, we observe a similar trend. source