NTUC Income rules out option...

water in my room

... for policyholders to stay in old bonus scheme.

I have been waiting for enlightenment on this issue since Mr Tan Kin Lian, the ex-CEO met with the other Mr Tan, the current CEO of NTUC Income.

What I read so far in the papers are just assurances from various bigwigs from NTUC Income and NTUC that policyholders' interest will be taken into consideration. Can you provide some details on how our interests will be taken of?


I have been wondering whether NTUC Income has the right to amend the bonus features from the legal standpoint? Can you please cite the clauses in the insurance contracts that I have signed giving NTUC Income such flexibilities?


Mr Tan Kin Lian, if you could, please share some info on the meeting.

Season for CFOs to resign?

I was flipping through the papers today and can't help noticing a few CFOs resigning and one even got fired making the headlines.

ASA Group dismisses CFO after 2 months citing "incompetence" and "uncooperativeness".

Apple-brand reseller Afor's CFO resigns.

Penguin International names new finance and administration director.

Jade Tech's CFO tendered resignation on 24 April 2008.