BT Money Hacks Ep 86: Reasons to avoid ILPs or investment-linked insurance policies

10:53 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

In this week's episode we look at why you might want to avoid an investment-linked insurance policy, or ILP for short.   

BT's digital editor Chris Lim hosts Christopher Tan, chief executive of Providend - a financial advisory firm -  as they discuss the following:

1. What is an ILP? Understand mortality charges too (0:36)
2. Where does an ILP fit in a person's portfolio, and why shouldn’t someone buy an ILP? (1:34)
3. As you get older, especially from the age of 50, more of your premium goes into paying the mortality charge instead of investments (4:42)
4. If ILPs aren’t the answer for many financial goals, what is a step-by-step approach towards both insurance and investment (7:35)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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BT Money Hacks Ep 85: How to fix money mistakes of the sandwich generation

12:00 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This week's episode looks at how to fix the top financial planning mistakes made by the sandwich generation, typically Gen X-ers and Millennials in their 30s and 40s, and who are responsible not only for bringing up their children, but also caring for ageing parents.

BT's digital editor Chris Lim hosts Aviva’s product and marketing director Daniel Lum as they discuss the following:

1. What are the top two financial mistakes being made by the current sandwich generation (2:30) 
2. Why people do not take enough risk beyond fixed deposits and bank accounts (4:45)
3. Step-by-step plan to fix these financial mistakes (5:55)
4. How to help your parents with their medical cover, and assess funds that deliver income rather than long-term growth (7:13)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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BT Money Hacks Ep 84: Making sense of the current market with BT's new podcast series

13:53 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This week's episode sees podcast editor Ernest Luis hosting The Business Times' digital editor Chris Lim and senior correspondent Ben Paul. They talk about BT's latest initiatives to help readers make better sense of their money, and make better sense of the market during this Covid-19 era.

They discuss the following:

1. More on The Business Times News Tablet Edition, where subscribers will get the Samsung Galaxy Tab S6 Lite (LTE) tablet with S Pen stylus included for S$39.90 a month over 30 months (1:35)
2. Why a password-free experience resonates with BT's readers and why 10-inch tablets are the best way to "read print the new way" (3:20)
3. BT's newly launched Mark To Market Podcast gets off to a good start (8:00)
4. What companies and investors want to know about the market (8:35)
5. What does the term Mark To Market actually mean? (11:30)

Black Friday and Cyber Monday promotion for BT News Tablet edition: http://btsub.sg/moneyhacks

Subscribe to BT Mark To Market Podcast for free here: http://bt.sg/btmark2mkt

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Subscribe to BT Money Hacks Podcast series for our new episodes fortnightly on Mondays and rate us on your favourite audio apps:

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Website: http://bt.sg/moneyhacks

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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BT Money Hacks Ep 83: Demystifying ESG and sustainable investing

12:31 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This week's episode looks at ESG (Environmental, Social, and Governance) investing: what is it and how do you get started? It is brought to you by UOB Asset Management (UOBAM).

BT's digital editor Chris Lim hosts Victor Wong, senior director and head of ESG Investments at UOBAM, as he tells us more:

1. ESG and sustainable investment is becoming the buzzword, but can investors really do well by doing good? Can ESG and sustainable investments really make you money? (2:10) 
2. Why ESG investing is seen as "woke" and appeals to more socially-conscious millennials or Gen Z, especially those aged 25-40 (3:57)
3. What is the scene in Asia like, including Singapore? Is there growth potential for this sector? (5:30)
4. Three steps on how to find out more about developments in ESG and sustainable investing, and choose funds and fund managers (6:40)
5. How UOBAM uses its proprietary news-gathering data and technology to enhance its ESG investment processes, and works with regional partners to cover the Asian scene properly (8:07)
6. UOBAM launched Singapore's first sustainable bond fund with international asset manager Robeco earlier this year: Is this a mega-trend investors should consider? (9:40)

More on UOBAM's ESG and sustainable investments: https://www.uobam.com.sg/sustainability/index.page

Listen to Ep 82 (Evolving your investment portfolio for risk and liquidity): https://str.sg/Jj9t

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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BT Money Hacks Ep 82: Evolving your investment portfolio for risk and liquidity

9:38 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode is about how to evolve your investment portfolio as you move through life on your path to retirement. It is brought to you by UOB Asset Management (UOBAM).

BT's digital editor Chris Lim hosts Dharmo Soejanto, head of the investment partnerships & solutions unit at UOBAM and chief investment strategist for UOBAM Invest, as he tells us more.

1. Five steps to manually changing your portfolio to match changing risk appetites and liquidity needs (1:47)

2. How UOBAM Invest can help you automatically and easily adjust portfolios to optimise risk exposure and liquidity throughout life with its feature called Glide-path (3:35) 

3. How UOBAM Invest's Glide-path solution sets it apart from other robo-advisors in the market and helps investors adjust their portfolios throughout their life stages (4:35)
4. How the regular rebalancing feature in UOBAM Invest's Glide-path solution is helpful during the ongoing Covid-19 crisis over time (5:44)
5. Market indices tend to include winners over time and drop off "losing" companies or industries, and why it's important to stay invested and have a systematic robo advisor these days (6:38)

More on UOBAM Invest Digital Adviser & its Glide-path solution: https://www.uobam.com.sg/uobaminvest/individual/index.html

Listen to Ep 83 (Demystifying ESG and sustainable investing): https://str.sg/Jj9F

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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BT Money Hacks Ep 81: How Gen Z youth can save and invest smartly earlier

12:14 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode looks at how and why Generation Z youth approach savings and investments.

SingSaver conducted a survey over August and September this year, and found that when it comes to saving habits, Singaporean Gen Z youth (aged 18 - 23) are savvier than their millennial counterparts (aged 24 - 39).

• 85% of Gen Z respondents started saving before the age of 22, more than twice the number of millennials, at just 41%.

• 65% of Gen Zs stick to their budget “often” and “very often” as compared to 56% of millennials.

Chris Lim hosts SingSaver’s interim country manager Prashant Aggarwal.

They discuss the following points:

1. Three reasons why Gen Z youth are already saving for retirement and starting investment journeys earlier than older generations (1:55)

2. Why it is easier to start investing now in this age of robo advisers, Internet banking, app-based stock trading and easy access to global markets (3:35)

3. Which are the top five asset classes that Gen Z youth focus on? (6:15)

4. Understand the key principle: Higher return, higher risk, higher effort and inversely, lower return, lower risk, and lower effort (7:00)

5. Steps on how Gen Z youth can start small with $50 targets and gradually generate a passive income of $1,000 a month (8:00)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover BT Money Hacks Podcast fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

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Money Hacks Ep 80: Controlling your fund fees is key to investment success

10:32 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles the importance of understanding and controlling your investment costs or fees, so you can let the power of compounding interest work for you.

Chris Lim hosts Gregory Van, chief executive and founding partner of Endowus, the only digital investment adviser that now has a CPF investment option.

They discuss the following points:

1. Are Singapore's investment fees higher than average sales and fund level fees globally? (1:08)

2. What is the little-known "trailer" fee in this industry? How that is practised here and why the investor does not see this (1:50)

3. The trailer fee raises the question: Are you working in the best interests of the client? (3:02)

4. Is there a way around this? Should your fund managers rebate that trailer fee to you here when they receive it? (4:48)

5. Why just a 1% fee difference over many years can result in compounding costs eating into your returns (7:20)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Discover more BT podcast series:

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Money Hacks Ep 79: Differences and misconceptions over ETFs and unit trusts

9:22 mins

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles the importance of knowing the pros and cons of ETFs and unit trusts.

Chris Lim hosts Gregory Van, chief executive and founding partner of Endowus, the only digital investment adviser that now has a CPF investment option.

They discuss the following points:

1. What are ETFs and unit trusts and are there big differences between them? (0:45)

2. Are unit trusts and mutual funds the same product? (2:32)

3. Why are ETFs essentially a wrapper for products like funds, Reits or bonds, so they can be traded on exchanges? How does that impact the net asset value? (3:15)

4. Unit trusts are more convenient for investors who do not need intra-day liquidity (4:55)

5. What are the differences between ETFs on SGX as compared with the US or the UK? (5:40)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Money Hacks Ep 78: How to manage your wealth and plan your legacy

12:01 mins

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles the importance of managing your wealth and planning your legacy. It is brought to you by Opus by Prudential, which is Prudential's unique approach to wealth management and legacy planning for high net worth individuals.

Chris Lim hosts Angeline Alexander, head of high net worth and affluent segments at Prudential Singapore, on the following points:

1. What exactly is wealth management, wealth preservation and wealth transfer? (1:25)
2. Three tips for high net worth individuals to get started (3:35)
3. What is legacy planning? The new trend of high net worth clients using philanthropic pursuits to give back to the community (6:35)
4. Depending on complexity and number of heirs, Opus by Prudential brings in specialist expert panels on trusts, tax and business advisory (7:20) 
5. Plan, insure, give back: A 3-step guide to planning your legacy (9:15)

More at Opus by Prudential - https://www.prudential.com.sg/opus#!about_us

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Money Hacks Ep 77: Why sticking to an asset allocation framework is key in volatile times

12:57 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles good starter tips and discipline for asset classes and portfolio construction during this Covid-19 era.

Chris Lim hosts Asheesh Chanda, founder and chief executive of Kristal.AI, that specialises in digital-first private wealth.

1. The four pillars for asset classes and allocation during these volatile pandemic times (2:00)

2. Building a discipline of following an asset allocation framework is key to success during periods of uncertainty. What are the general rules? (3:19)

3. You can improvise after following rules of investment, but not deviate and fall into the trap of "emotional investing" (5:20) 

4. Passive and active investment approaches: What should beginner investors know and why they should avoid active approaches? (9:00)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

Discover more BT podcast series:

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