Investment-Linked Policies (ILPs) have always been a heavily debated and controversial topic among investors. To make matters worse, there are multiple types of ILPs being sold, and all with varying features. At Providend, we had previously stated our stance against the use of ILPs in our clients’ portfolio. However, with the changes around the new Wealth ILPs, will this change our stance?

In this week's Money Wisdom episode, Mike Zhang, our Insurance Specialist, gives an overview of the different types of ILPs and all its features, its pros and cons, and his views on whether Wealth ILPs would fit into Providend’s investment philosophy, or not.

You can also hear Chris' view on ILPs in his interview with the BagHolder Pod team here.

Meanwhile, stay tuned for our next episode where Choon Siong, our Research Analyst, shares how the markets had performed for quarter three of 2023.

The host, Isaac Ong, is Associate Adviser at Providend, Singapore’s First Fee-Only Wealth Advisory Firm.

View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-2/

Music courtesy of ItsWatR.