NCMP Leong Mun Wai - exchanges vs PAP on sale of Income Insurance to Allianz

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  • Опубліковано 25 жов 2024

КОМЕНТАРІ • 36

  • @LonganLee
    @LonganLee 2 місяці тому +3

    Imagine if a commitment in writing is purely qualitative eg. "We Aspire to love and care for all existing policy holders subject to the fine prints"

  • @BorisPat0067
    @BorisPat0067 2 місяці тому +5

    Smoke screen as usual, why PAP not admit they screw up becuase they had poorly managment throught out the years.....and now is the result of selling NTUC Income. LIM BOON HENG must step down and take the responsibility.

  • @markusong6022
    @markusong6022 11 днів тому

    Oh i understand now

  • @SOFIACAULIFLOWER-l3mstudy
    @SOFIACAULIFLOWER-l3mstudy 2 місяці тому +15

    At 39 and recently laid off, I’m at a breaking point. With $425K saved for early retirement at 50, $10K in an HSA, and a property that could yield an additional $200K, what are my options for generating steady income?

    • @AdamWright8fool
      @AdamWright8fool 2 місяці тому

      It’s reasonable to consider getting a financial advisor now, but delaying retirement might be a wiser choice.

    • @SOFIACAULIFLOWER-l3mstudy
      @SOFIACAULIFLOWER-l3mstudy 2 місяці тому

      I’m unsure weather to find another job or merge all my investment accounts into one. If I do, how should I handle it, and are there any potential drawbacks? I also plan to sell my property, which could add $200K over time. Should I consolidate my investments into a single account or spread them across various markets?

    • @RhysHuntoffice
      @RhysHuntoffice 2 місяці тому

      These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets

    • @ArchieJohnson5h
      @ArchieJohnson5h 2 місяці тому

      That’s impressive! My portfolio is struggling. Who’s the advisor?

    • @RhysHuntoffice
      @RhysHuntoffice 2 місяці тому

      Leah Foster Alderman. Look her up online; she’s well-known.

  • @edwardwinston997
    @edwardwinston997 2 місяці тому +1

    Totally not convinced, he's go round the bushes. As matter of fact, how & why NTUC started & it mission!!! This was it SPECIAL ! 3G&4G PAP was $$$$$

  • @LonganLee
    @LonganLee 2 місяці тому +3

    Is it just me or do you also sense his tonality is full of frustration, and sounding not so happy or comfortable ?

  • @LonganLee
    @LonganLee 2 місяці тому +2

    So public housing at Market price. Is this public housing?
    So citing profitability, sell social enterprise? So where did the spirit and purpose of social enterprise to care for citizens go?

  • @LonganLee
    @LonganLee 2 місяці тому +1

    It's a fact insurance co all can change the premiums every year.

  • @hatchegg80
    @hatchegg80 2 місяці тому +1

    Alvin Tan says a lot of motherhood statements but didn't answer any specifics

  • @LonganLee
    @LonganLee 2 місяці тому +1

    Was it not a fact that every originally Singapore owned Power plants were sold to foreigners ?

  • @ngyongsoon5985
    @ngyongsoon5985 2 місяці тому

    I really don.t know wat is happening to ntuc income

  • @markusong6022
    @markusong6022 11 днів тому

    I scratch head why PSP ask this question,😮

  • @LonganLee
    @LonganLee 2 місяці тому +2

    If and only if someone has already decided to scrap the social enterprise model then Make It Official , declare it

  • @MuhammadMuslimBinLaslie
    @MuhammadMuslimBinLaslie 2 місяці тому

    Steady lah ah wai poon p p 👌👌👌👌👌👌👌👌💪💪💪💪💪💪👍👍👍👍👍👍👍

  • @tonykwok9763
    @tonykwok9763 2 місяці тому

    CITIZENS.....NO DEAL.....NO DEAL....NTUC IS CITIZENS👍👍👍👍👍

  • @albertng1949
    @albertng1949 2 місяці тому

    What is the purpose,, make money, and the directors get more bonuses or what..

  • @f13688
    @f13688 2 місяці тому

    ALL have No Prudent-Responsibilities, just Talk-Only but No-Commitments.

  • @sinlipjason5713
    @sinlipjason5713 2 місяці тому +2

    After 5 years
    You will see the difference hahaha

  • @soonxie9083
    @soonxie9083 2 місяці тому

    Go straight to the point. Dont need you to explain why ntuc started

  • @SWTAN-JEFFREY
    @SWTAN-JEFFREY 2 місяці тому

    Ntuc joint statement is contradicting point
    NTUC sell 51% for $1.6b profit, yet they have faith on allianz to put social mission over their profit mission.
    NTUC board puts so much faith on foreign entity that they would put our singaporean social mission first. Transfering NTUC original mission statement social mission onto Foreign entity ?
    May be Im the only one naive and ignorance NOT to believe foreign entity able to prioritize our social mission before their profit oriented mission!

  • @HolyKALim
    @HolyKALim 2 місяці тому

    Hmm….. there are different challenges from time to time.
    What the Minister said about 50 years later bla bla bla…, just shows that, there is guarantee that no talent can run insurer in future. 😂😂😂

  • @findtheracingline
    @findtheracingline 2 місяці тому

    Why the obsession to sell a cherished national social mission entreprise to foreigners in order to allow Income to have the best? Are Singaporeans unable to run the organisation any better going forward? 😮

    • @albertng1949
      @albertng1949 2 місяці тому

      Why not sell parliament to foreigner,, maybe can manage more properly

  • @LonganLee
    @LonganLee 2 місяці тому +2

    Insurance is a long tail business. Then why not make Income grow its sales for the long term?
    I dont feel impressed by everything they say at all. Everything they say seems to be rebuttable and arguable

  • @RubyLim-j4e
    @RubyLim-j4e 2 місяці тому

    To protect Singaporeans in long term is not to sell Ntuc Income! What is the minister saying? Beating about the bush!
    Selling it to a foreign entity is not in Singaporeans interest!!

  • @BillyLai-lu1xj
    @BillyLai-lu1xj 2 місяці тому +1

    How about PSP founder who betray PAP?

    • @jer2911.L
      @jer2911.L 2 місяці тому

      Yes JUDAS ISCARIOT.