Ethos Wealth Planners

Past Event - Seminar on "How to use SNTC Trusteeship Scheme" 24 April 2012, Tuesday, 10am (For Grace Orchard School)

Sun, 22 Apr 2012 11:44:24 GMT

This event is over. Here are some photos taken during the event:

{rsmediagallery tags="24/4/2012"}

Investment Workshop on “Money Supply and Economics”, 12 May 2012, Saturday, 3pm (For Mensa Singapore)

Sun, 22 Apr 2012 11:26:59 GMT

In this highly sought-after interactive workshop for new investors, participants will learn how money is created. They will also get to learn how to read monetary policies statements issued by central banks around the world. At the end of this workshop, participants will learn how influencing such money supply affects the economy and stock prices. This workshop will also include a segment on investment market outlook.

This talk is only for members of Mensa Singapore. Venue: Suntec City NUSS Guildhouse (5th floor, directly above Carrefour)

Agenda:

One Day Workshop On "How Estate Planning Can Avert Real Life Problems" 10 May 2012, Thursday, 9am-5pm

Thu, 15 Mar 2012 04:31:13 GMT

Very often, I receive calls from individuals wanting to know the cost of say writing a Will or setting up a Trust. I have a problem answering this because a Will and a Trust are not standard products that can be bought at predetermined prices.

Wills and Trusts are merely tools to implement an estate plan. The analogy of estate planning is like the work of an architect while writing a Will is equivalent to the construction phase.

Nobody would start to build a house without an architecture design. Similarly, most people do not realize that without an estate plan, it is no use writing a Will. With clear instructions, many law firms can write a Will. The problem is that most individuals are unable to give clear instructions because they did not even have an estate plan.

However, the fee charged by a professional estate planner does not come cheap. I charge $250 per hour to construct a customized estate plan and this exclude the cost of Will writing and Trust setup. It is for this reason I would like to give an intensive 6 hours seminar on estate planning. Attendees can submit questions prior to the seminar which I’ll attempt to cover subject to availability of time. I hope through this session, individuals will be able to construct their own estate plan. I shall use case studies as examples to illustrate estate planning.

To provide further incentive for attendees, the cost of the ticket is inclusive of two hours of consultation with an estate planner.

Agenda as follows:

6 Hrs Technical Workshop on Estate Planning for Persons with Special Needs, 9 May 2012, Wednesday, 9am-5pm

Thu, 15 Mar 2012 04:31:13 GMT

Wills and Trusts are merely tools to implement an estate plan. The analogy of estate planning is like the work of an architect while writing a Will is equivalent to the construction phase.

To provide further incentive for attendees, the cost of the ticket is inclusive of two hours of consultation with an estate planner.

Agenda as follows:

Past Event - Seminar on "Financial Planning Made Simple for Persons with Special Needs" 31 March 2012, Saturday, 9:30am (For Down Syndrome Association)

Sat, 25 Feb 2012 15:23:00 GMT

This event is over. Here are some photos taken during the event and feedback from the audience:

{rsmediagallery tags="31/3/2012"}

Launch of AIA HealthShield Gold Max & Max Essential for foreigners

Thu, 16 Feb 2012 07:54:42 GMT

Today, AIA announces the launch of AIA HealthShield Gold (HSG) Max and AIA HealthShield Gold (HSG) Max Essential for foreigners. Both plans offer the same benefits as the ones for Singapore Citizens (SC)/ Singapore Permanent Residents (SPR), with an exception that the basic plan for foreigners is not an integrated medical insurance plan jointly insured by AIA and CPF Board.

Past Event - Investment Workshop on “Money Supply and Economics” 14 April 2012, Saturday, 2:30pm-4:30pm

Wed, 15 Feb 2012 16:00:00 GMT

This event is over. Here are some photos taken during the event and feedback from the audience:

{rsmediagallery tags="14/4/2012"}

Past Event - Investment Workshop on “Money Supply and Economics” 3 March 2012 Saturday 10am-12pm

Fri, 10 Feb 2012 09:32:01 GMT

This event is over. Here are some photos taken during the event:

{rsmediagallery tags="3/3/2012"}

Vacancies: Senior Advisers / Advisers (3 positions)

Mon, 30 Jan 2012 16:00:00 GMT

We are looking for Senior Advisers / Advisers. Their responsibilities are:

Launch of Aviva’s MyProtector-Level Plus.

Wed, 30 Nov 2011 08:36:31 GMT

Aviva announces the launch of MyProtector-Level Plus. MyProtector-Level Plus allows your customers to:

increase their sum assured without evidence of health at several life stages; where there is a change in marital status, upon becoming a parent or at graduation.
choose TPD cover up to age 70 and CI cover up to age 99
put together a customised combination of cover and policy term that meet their need
purchase a higher per life cover; up to SGD2m per life for CI benefit and up to SGD4m per life for TPD benefit
enjoy automatic renewal of their term policy every 5 years, which covers up to age 80 (Customers may choose to cancel the policy if they do not wish to renew)
to choose male or female specific illness cover to complement the CI Accelerated Benefit for more comprehensive illness cover

AXA launches Mum's Advantage

Tue, 25 Oct 2011 07:03:56 GMT

AXA Life announces the launch of Mum's Advantage, a pre-natal plan that is catered for the expectant mother and the child. It is a package plan consisting of the Inspire Flexi 2 and Mumcare. It is tailored for pregnant ladies with gestation period between 18 to 32 weeks.

Withdrawal of Aviva IdealLiving

Wed, 28 Sep 2011 09:18:54 GMT

MyLifeChoice is Aviva's new whole life insurance. Therefore, with immediate effect IdealLiving has been withdrawn.

Launch of Aviva’s MyLifeChoice

Wed, 21 Sep 2011 16:00:00 GMT

Aviva launches the next generation whole of life insurance policy: MyLifeChoice. Key features of MyLifeChoice are:

An option to increase coverage at key life events without evidence of good health.
Coverage up to 275% of the Sum Assured.
Guaranteed higher lump sum payout upon claim.
Supplemental retirement fund through lump sum withdrawal from age of 65.
Optional Critical Illness and Total and Permanent Disability rider for coverage till age 99 and 70 next birthday, respectively.

NTUC Income launched the Vivocare

Thu, 18 Aug 2011 16:00:00 GMT

NTUC Income launched the Vivocare today. Vivocare is a whole life insurance policy with the following features:

Covers an extensive range of 74 medical conditions for Early, Intermediate and Advanced stages of Dread Diseases
Comprehensive coverage against Total and Permanent Disability (TPD)
3 times coverage for death and terminal illnesses before age 65 (last birthday)
Extra coverage for Angioplasty, Diabetic Complications, Severe Osteoporosis and Severe Rheumatoid Arthritis.

AXA Insurance covers existing hypertension and hyperlipidaemia (high cholesterol)

Wed, 22 Jun 2011 16:00:00 GMT

AXA Insurance Singapore Pte Ltd will be covering those with existing hypertension and hyperlipidaemia (high cholesterol) conditions with any of AXA’s Hospital & Surgical products after premium loading is applied. It addition, it offers Individual Take-Over with immediate effect on New Individual Health Business. Customers who switch their Individual Hospital & Surgical policies over to AXA from another insurance company will enjoy the same underwriting terms as their current policies, including coverage of any pre-existing conditions already covered by their existing insurer. The initiative is applicable on health products like SmartCare Optimum, SmartCare Executive and International Executive. The rest of the products are non-applicable.

(Note from moderator of this website: Seek professional advice before switching as there could be cases in which switching from existing plan may proof to be more disadvantages.)

Withdrawal of AIA Investment MAX Series

Wed, 22 Jun 2011 04:24:47 GMT

The AIA Investment MAX Series (AIA Max Protector and AIA Max Growth) will be withdrawn from 20 July 2011. AIA Investment MAX Series will be available for new business only until 19 July 2011.

Vacancy: Private Wealth Planner Trainee (position closed)

Mon, 20 Jun 2011 16:08:33 GMT

Ethos Wealth Planners recognise that many existing financial advisers would like to provide more value to their clients and not merely doing sales. Such high value of services provided often do not commensurate with any remuneration because there is no associated products to sell. The lack of mentorship in the existing firm or agency and the prohibition to charge clients fees are obstacles commonly faced by experienced financial advisers.

The Private Wealth Planner Trainee is a position meant for experienced financial adviser representatives who wish to transit to a fee-based professional financial planner. The Trainee who joins the firm will be joining as Senior Adviser initially. We will mentor and train the trainee over a period of 12 months. The responsibilities of the Trainee are:

To find 1 client/family per month for comprehensive financial planning. It is permissible that the client or family be from existing clients;
To develop a comprehensive financial plan for such clients based on the mentorship of Wilfred Ling;
The Trainee shall submit an original 10,000 words thesis on a topic related to financial planning at the end of the 12 months period. The topic should preferable be related to the 12 cases;
The Trainee shall become a full fledge fee-based professional financial planner only upon approval from the company after the 12 months period depending on the aptitude of the Trainee.

Compensation scheme:

Self-employed;
During the first 12 months period, commissions from own sales;
After 12 months and upon approval from company, fees paid by clients from financial planning in addition to usual commissions earned from product sales.

Mandatory requirements are:

All requirements for “Advisers” apply;
Minimum 3 years of relevant working experience;
Currently a Certified Financial Planner (CFP) or Chartered Financial Consultant (ChFC). Those who are about to take Module 6 and Module 8 of the CFP and ChFC respectively will still be considered;
History of earning a taxable annual income of $60,000 based on commissions;
History of 7 out of 10 prospects were done using ‘Type 1 – Full Disclosure’.

Preference will be given to candidate who possess one of the following experience:

Has done business succession planning and actually transacted insurance policies for that purpose;
Asset protection using irrevocable inter vivo trusts;
Highly familiar with CPF rules
Has actually used Economics theories (not mere following analysts reports) for tactical asset allocation for clients’ portfolios.

Withdrawal of AIA HealthShield Gold Elite

Tue, 07 Jun 2011 16:00:00 GMT

AIA HealthShield Gold Elite will be withdrawn from new business sales on 13 June 2011.Upon the withdrawal of AIA HealthShield Gold Elite, a new Medisave-approved integrated medical plan, AIA HealthShield Gold Max and its supplementary rider, AIA HealthShield Gold Max Essential will be launched on 13 June 2011.

Launch of Aviva LifetimeFlexi

Tue, 17 May 2011 16:00:00 GMT

Aviva LifetimeFlexi is a new product that has the ability to adjust one's cover as per life stage changes, protection against growing inflation with the Flexi rider, term Assurance Benefit and access to a wide range of funds for investment.

Withdrawal of AIA Platinum Legacy Series, launch of new product

Sun, 15 May 2011 16:00:00 GMT

The AIA Platinum Legacy Series will be withdrawn with effect from 15 May 2011. The enhanced version of AIA Platinum Legacy and AIA Platinum Legacy Preserver is on 16 May 2011 and key changes include:

Guaranteed crediting rate on the Initial Premium for the first 7 years;
No Lapse Privilege to age 111;
New A+ country grouping for Singapore residents;
Shorter Surrender Charge period and lower Surrender Charge;
Accelerated Terminal Illness benefit;
More premium payment choices.