Anonymous

22 Apr 2020

∙

What should I do to with my ILP?

I received an email from manulife asking me to consider the following options

1) Perform a fund switch and/or premium redirection to other
2）redeem units in the Fund or
3)simply stay invested
As I just had a switch of advisor due to the previous one leaving, I havnt had the chance or simply said I don't want to consult him yet hence the question here.
What is recommended for me out of the 3 options?

Thanks

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Colin Lim

20 Apr 2020

Financial Services Consultant at Colin Lim

What type of funds are you investing?

what is your risk profile?

You are doing monthly investing? DCA is still averaging your investments...otherwise topups.

you can reach out to me for more advise...i can represent manulife.

#planwithcolin

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Pang Zhe Liang

20 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

There is no way anyone can give you proper specific advice without knowing the details of your policy and about you, e.g. risk appetite, investment horizon.

Accordingly, the best way to do this is to consult your agent. Otherwise, you need to reveal the details of your policies, e.g. inception date, name of policy, invested amount, invested fund before anyone here is able to give you responsible advice.

I share quality content on estate planning and financial planning here.

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