Category Archives: Money matters

From grandparents to grandchildren

Sometimes, wealth is passed directly from the grandparents to their grandchildren Continue reading

Posted in Money matters, Rockwills & Inheritance | Tagged | Leave a comment

Forged will

A 26-year-old case was resurrected at a Sessions Court in George Town yesterday, with a charge being filed against a man for using a forged document as the will of his late tycoon grandfather, The Star reported. Continue reading

Posted in Money matters, Rockwills & Inheritance | Tagged , , | Leave a comment

Trust companies related to Unit Trust schemes

This is a list of 14 registered Trust companies in Malaysia which are related to Unit Trust schemes, that is, offering Trust services to Unit Trust companies, as provided by the Securities Commission. This list is effective as at 31 … Continue reading

Posted in Investment, Money matters, Mutual Fund, Unit Trust | Tagged , , , | Leave a comment

FSA2013: Consent or no consent?

This is a short excerpt from my blog post yesterday on the Financial Services Act 2013: “I am saying this because the policy owner have to understand when consent is needed from the new trustee and when consent is not … Continue reading

Posted in Insurance, Money matters, Rockwills & Estate planning | Tagged , , , , , , , , | Leave a comment

An alarmist approach on the Financial Services Act 2013

Three months down the road, the situation hasn’t changed much. I was told me a few days ago that the life insurance companies in Malaysia are still taking it easy with regards to the Financial Services Act 2013 which had … Continue reading

Posted in Insurance, Money matters, Rockwills & Estate planning | Tagged , , , , , , , , | 1 Comment

Elements of a valid Will

If you don’t already know, Downton Abbey is a critically acclaimed British period drama television series. This series, set in the Yorkshire country estate of fictional Downton Abbey, depicts the lives of an aristocratic family, the Crawleys and their servants … Continue reading

Posted in Money matters, Rockwills & Estate planning, Rockwills & Inheritance | Tagged , , , , , , , , , , , , , , , | Leave a comment

Should you sell off your family home?

I met up with a client about a week ago. Owing to some developments in her family, she had some doubts about re-writing her Will. Originally, she had included two of her children as beneficiaries but now, she wanted to … Continue reading

Posted in Investment, Money matters | Tagged , , , | Leave a comment

New EPF rule to impact on unit trust investment

From The Malaysia Insider today, a news report about an impending change to the EPF’s rule regarding regarding a contributor’s use of his EPF savings for investments in Unit Trusts: “The EPF will revise upwards the basic savings quantum of … Continue reading

Posted in Investment, Money matters, Mutual Fund, Unit Trust | Tagged , , , | Leave a comment

Trustee for life insurance policies

I see that the Financial Services Act 2013 is starting to garnish comments from players in the financial services industry. This one below is from Rockwills Corporation, the leading company in estate planning. What Saw Leong Aun is stating in … Continue reading

Posted in Insurance, Money matters, Rockwills & Estate planning | Tagged , , , , , , , | Leave a comment

Potential landmine in Financial Services Act 2013?

I’m just a lay person where insurance is concerned but I’d like to share here whatever little that I know about the newly introduced Financial Services Act 2013 vis-a-vis the insurance industry. If I am wrong, I am willing to … Continue reading

Posted in General, Insurance, Money matters, Rockwills & Estate planning | Tagged , , , , , , , , | 6 Comments