Jonathan Chua

Financial Advisor Financial consultant is a job title that now has been replaced by financial advisor at most financial services firms. Financial advisor (FA) and financial consultant (FC) are contemporary job titles for what used to be called a stockbroker, broker, account executive or registered representative. A variant spelling, financial adviser , also is used by some firms in the industry, and by some financial reporters and publications. Though the term financial advisor has been in general use since the early 1990s, it is not without controversy. Many critics still maintain that it implies adherence to the strict fiduciary standard that requires acting in the best interests of clients, rather than the less stringent suitability standard that traditionally binds brokers. Merrill Lynch , for example, was among the last of the major firms to adopt the term, entirely due to this concern on the part of its legal and compliance department , which was very conservative at th...

All You Need to Know Before Buying Your First Plan When you’re young and naive and believe that everything will work out somehow, it’s pretty hard to imagine ever needing to buy insurance. Yet, getting your insurance portfolio in order is probably one of the best things you can do for your finances. And in fact, it’s best to do it while you’re young and healthy. To help you make sense of the world of insurance so you can compare the different insurance plans, we have crafted this comprehensive guide. Consider it your very own Idiot’s Guide to Insurance in Singapore. source

What do you want to do when you retire? It may be a long way off (and a hard question to answer), but it’s important to think about life after you stop earning a regular paycheque. Whether your goal is to travel, learn a new skill, indulge in hobbies or simply maintain your current standard of living, you’ll need to rely on savings to cover the cost of these activities, in addition to your everyday expenses. By doing the groundwork now and learning how much you need to save, you can let your dreams drive your retirement, rather than letting available funds drive your dreams. Here are three things you can do right now to boost your retirement savings, and three tips to help you a few years down the road. 3 things for today: Cut spending Maximize investments to pay less tax Become debt-free 3 things for tomorrow: Consider downsizing Work longer and ease into retirement Prepare for the unexpected source

See more of Wealth Planning Specialist on Facebook

Understanding the differences in life insurance choices to find the best price. Yuri_Arcurs/DigitalVision/Getty Image There are various points in life when people decide they need life insurance. Once you've come to that decision, you will usually be presented with several options and plans. Knowing which type of life insurance is best for you can really help save you money and make sure that the decision you make will give you what you are looking for. Do I Need Life Insurance? If you are wondering if you need life insurance, you probably do. Life insurance isn't just for when you get married, are buying your first house, or have children. There are many reasons a person may need life insurance, and some good strategies behind when to get life insurance and what kind of insurance to get. Some situations may call for short term life insurance policies, in other situations whole life policies may make more sense. What Type of Policy Should I Get? Before you decide wha...