Singlife Account

[lzjlee]

No?

It depends? It’s math.

You take up which plan under Grow ? Same as your wife ?

I realised my wife portfolio started one day later than me. Somehow her account was only approved one day later whereas mine got approved almost immediately. That one day drop 1%. N while I look through the performance, I realised there is only one day there is gain. I always thought there were more. Haha..

I took up the high risk dynamic portfolio.

 

[reddevil0728]

Wish Singlife can increase the daily withdrawal limit, $20k really a hassle. At least $50k like Gigantiq would be good, don't mind paying $0.50 just for that.

you might not mind, but others might.

 

[vsvs24]

you might not mind, but others might.

Me ! I don't want to pay.

 

[dylee1]

i tried to apply but cannot leh

 

[reddevil0728]

i tried to apply but cannot leh

Cause they closed it already.

 

[alt2015]

Wish Singlife can increase the daily withdrawal limit, $20k really a hassle. At least $50k like Gigantiq would be good, don't mind paying $0.50 just for that.

Singlife daily withdrawal is 20k and gigantic is 50k?

 

[SBC]

Is the additional 0.5% interest for $500 spending paid out on the same mth-anniversary?

 

[cassowary18]

Is the additional 0.5% interest for $500 spending paid out on the same mth-anniversary?

No, next interest accrual period.

 

[carrote]

Singlife not reopening signups for Singlife account? March already...

 

[reddevil0728]

Singlife not reopening signups for Singlife account? March already...

When they do they will announce and probably in another form

 

[carrote]

When they do they will announce and probably in another form

Maybe too expensive for them to fund all the interest payments...

 

[B1ackb0x]

Maybe currently their system cannot handle the volume if too many withdrawal happen.

 

[vegavega25]

Was just checking out SingLife Grow...

For all practical purposes, what are the implications of this being an Investment-linked Policy, i.e. compared to an equity/fixed income investment plan?

I get that there is some insurance component which pays out 101% of the premium or value of investment as on date of death (whichever is higher) - which is reassuring I suppose.

But from an investment point of view, how do folks rate this?

The underlying funds are not ETFs, and appear to be managed funds:

for equity (in a "dynamic" portfolio, 80%):
JP Morgan Funds - Asia Pacific Equity Fund A (Acc) SGD
United Global Quality Growth Fund - Glass SGD Acc
Eastpring Investments - Global Low Volatility Equity Fund
Fidelity Funds - World Fund A - Acc- SGD
Nikko AM Shenton Global Opportunities Fund

and for fixed income (20%):
Neuberger Berman Strategic Income Fund A SGD Accumulating Class
BlackRock Global Funds - USD High Yield Bond Fund A2 SGD Hedged
United Asian High Yield Bond Fund - Class A SGD Acc (Hedged)

 

[cassowary18]

Was just checking out SingLife Grow...

For all practical purposes, what are the implications of this being an Investment-linked Policy, i.e. compared to an equity/fixed income investment plan?

I get that there is some insurance component which pays out 101% of the premium or value of investment as on date of death (whichever is higher) - which is reassuring I suppose.

But from an investment point of view, how do folks rate this?

The underlying funds are not ETFs, and appear to be managed funds:

for equity (in a "dynamic" portfolio, 80%):
JP Morgan Funds - Asia Pacific Equity Fund A (Acc) SGD
United Global Quality Growth Fund - Glass SGD Acc
Eastpring Investments - Global Low Volatility Equity Fund
Fidelity Funds - World Fund A - Acc- SGD
Nikko AM Shenton Global Opportunities Fund

and for fixed income (20%):
Neuberger Berman Strategic Income Fund A SGD Accumulating Class
BlackRock Global Funds - USD High Yield Bond Fund A2 SGD Hedged
United Asian High Yield Bond Fund - Class A SGD Acc (Hedged)

These are all unit trusts that you can buy on your own and not have to pay Singlife the annual management fee. Just sign up for a POEMS account and ownself buy.

 

[vsvs24]

I tried to add Singlife card to Grab for topup. Country where card was issued what should I enter ?

I left it as default Singapore and it goes to the Singlife visa processing page. Then Grab shows unable to add card. Did it twice.

But I received notification twice from SingLife that $1 was made with Singlife card at Grab.

When I login to Singlife it shows $1 deducted and $1 refunded twice.

Anyone encounter this ?

Is it correct to put country as Singapore?

 

[harky]

no 50K so i mind

Wish Singlife can increase the daily withdrawal limit, $20k really a hassle. At least $50k like Gigantiq would be good, don't mind paying $0.50 just for that.

 

[Cumzilla]

I tried to add Singlife card to Grab for topup. Country where card was issued what should I enter ?

I left it as default Singapore and it goes to the Singlife visa processing page. Then Grab shows unable to add card. Did it twice.

But I received notification twice from SingLife that $1 was made with Singlife card at Grab.

When I login to Singlife it shows $1 deducted and $1 refunded twice.

Anyone encounter this ?

Is it correct to put country as Singapore?

seem unable to top up wallet, same thing happened when I tried to top up ST Dash.

 

[Mr.Canberra]

Just opened GROW - Medium Risk portfolio to gamble.

 

[vsvs24]

Just opened GROW - Medium Risk portfolio to gamble.

You gamble how much ?

 

[AhSlack92]

Anyone withdrew from singlife last night and yet to receive the fund?