Local Uni Class of 2020 - COVID19 Batch - Are your lowering your expectations?

Originally Posted by Unregistered

Basically, i would call it insurance agent. Same as those people in bus interchange ask people do "survey" one. End up is ask them buy insurance.

insurance is just 10%. there are also investment products and wealth products.

Originally Posted by Unregistered

insurance is just 10%. there are also investment products and wealth products.

Get real private bankers from wealth management teams in banks like UBS, CS, etc if u want to invest your money.Tonnes of products/ portfolios to invest, professionally managed by qualified individuals.

These insurance agents, most only know how to push products with only very basic knowledge about finance. U realise almost 100% of them don't have CFA.( I have never seen one before.)

Anyway those investment products (ILP) by insurance companies are not good at all, the reason insurance agents like to push because they offer the highest commissions.

Originally Posted by Unregistered

Get real private bankers from wealth management teams in banks like UBS, CS, etc if u want to invest your money.Tonnes of products/ portfolios to invest, professionally managed by qualified individuals.

These insurance agents, most only know how to push products with only very basic knowledge about finance. U realise almost 100% of them don't have CFA.( I have never seen one before.)

Anyway those investment products (ILP) by insurance companies are not good at all, the reason insurance agents like to push because they offer the highest commissions.

I dont care abt my buyer. I just want to earn $$ comission and sell them ILP.
CFA is useless what u need is persuasion skills and a bit of looks

Originally Posted by Unregistered

I dont care abt my buyer. I just want to earn $$ comission and sell them ILP.
CFA is useless what u need is persuasion skills and a bit of looks

Bro dont like that. We insurance agent must be professional. True you may not care abt ur buyer and sell them ILP coz of comissions, but u must never ever tell that to them

Tbh most of the products i sell quite useless. Maybe some term insurance is good. Some integrated shield. But i can hardly justify wholelife and ilp. Still i Put on a Metaphorical mask and sell them

But sinkie kum gong. They think their psle maths satki, but actually can hardly calculate.
So makes our job easier.

Originally Posted by Unregistered

Get real private bankers from wealth management teams in banks like UBS, CS, etc if u want to invest your money.Tonnes of products/ portfolios to invest, professionally managed by qualified individuals.

These insurance agents, most only know how to push products with only very basic knowledge about finance. U realise almost 100% of them don't have CFA.( I have never seen one before.)

Anyway those investment products (ILP) by insurance companies are not good at all, the reason insurance agents like to push because they offer the highest commissions.

private banking need 3-5m in investable assets. you have?

Originally Posted by Unregistered

Bro dont like that. We insurance agent must be professional. True you may not care abt ur buyer and sell them ILP coz of comissions, but u must never ever tell that to them

Tbh most of the products i sell quite useless. Maybe some term insurance is good. Some integrated shield. But i can hardly justify wholelife and ilp. Still i Put on a Metaphorical mask and sell them

But sinkie kum gong. They think their psle maths satki, but actually can hardly calculate.
So makes our job easier.

Sometimes I let client piak piak. Sell what also they will buy. So simple.

Originally Posted by Unregistered

private banking need 3-5m in investable assets. you have?

Haha private banking aside.

The plebeian alternative (but still better than ILPs) are your unit trust schemes.

Do y'all know if careers@gov states the application is "in process", how Long would the waiting time be? And if they reject, they will put "unsuccessful"?
I unds if the status is stagnant at "submitted", it's quite obvious I'm rejected la but if it's "in process"... 😂

Originally Posted by Unregistered

as a big 4 manager, although not in the assurance practice but I can assure you that you have correctly pointed out a fact that I have thought about and have discussed with my other manager colleagues. I too think that this business model is not sustainable in the long run.

Business is sustainable in the long run simply because it will continue to be mandated by the government just that those in it will continue to be poorly paid. Like what post 55 said it's a race to the bottom.

Originally Posted by Unregistered

Do y'all know if careers@gov states the application is "in process", how Long would the waiting time be? And if they reject, they will put "unsuccessful"?
I unds if the status is stagnant at "submitted", it's quite obvious I'm rejected la but if it's "in process"... 😂

it depends on the person doing the portal wants to update the status on the site or not.