Ryan's Viewpoints

Ryan's Viewpoints 18yrs MNCs, 4 retrenchments, witnessing how ill health destroys families and finances, pivoted into purpose-driven work thru sharing and guiding. Rep No.

LLP300594728 representing GEFA
(https://go.greateastenlife.com/disclaimer) Ryan Lim (Rep No: LLP300594728; Rep No: 1266033) representing Great Eastern Financial Advisers Pte Ltd. https://go.greateasternlife.com/disclaimer

Many have not done. Many wanted to start, but not sure who and how. Here is where I appear. I have helped many start an...
30/04/2026

Many have not done.
Many wanted to start, but not sure who and how.
Here is where I appear.

I have helped many start and done up theirs. Always started with a discussion to share knowledge and guidance on how to start, never about just heading down and write, cos writing it wrong is as good as not writing one.

I'll be honest too - not all cases ended up with closure. Quite a few procrastinated, delayed, disappeared too, for whatever reasons.

Anyway, so many articles and news about planning. Those that came out on ST may be heavier to read. Now how about Her World? Maybe lighter touch, easier to absorb?

It's not how much you earn/have.
It's not how much you need to know.
It's whether you take action after knowing.

Read here:

No one dreams about drafting a will, but estate planning matters more than you think. From your 20s onwards, here’s how to get it right at every stage of life

So many changes. These headlines news aren't helping the general public understand adequately, except insurers bearing t...
14/04/2026

So many changes. These headlines news aren't helping the general public understand adequately, except insurers bearing the "blame" somewhat.
It's the entire healthcare ecosystem at play.

Speak to your agents if you need a clearer understanding on why it has becomes what it is today, and how it could pan out in the coming years. DM otherwise if you have no one explaining these to you.

All Singaporeans are insured under the national MediShield Life scheme Read more at The Business Times.

Many years ago, when I was still in corporate world, I believed in learning the fundamentals of the jobs and doing the j...
14/04/2026

Many years ago, when I was still in corporate world, I believed in learning the fundamentals of the jobs and doing the jobs well, over titles. I was also ever told, that titles/grades differ across organizations, so "your bigger title in there is equal to a lower title here". I believed that last time, naively.

And the economy, dynamics, employment scene has evolved with times, as I've experienced it over the last 2 decades.

Today, for example, if you are a sales executive of 8yrs with credible knowledge and experience for a sales manager role next, vs a sales manager with 1yr experience + 2yrs as an executive, who do you think will get called up?

Titles are important, as long as you still want to thrive in a corporate setting. Even in entrepreneurship world, the society is so obsessed with linking titles to credibility, it becomes important too. So unless you are "sunsetting" your way out to retirement life, don't believe when hirers or bosses tell you titles/grades are different across organizations, and offer you smaller than what you currently are.

The right titles open doors for a conversation.
The wrong titles close you up even if you have all the right stuffs.
PS: I'm not saying fundamentals and knowledge are not important ya. These are still super important today.

Job titles are often less meaningful than people think they are, say HR experts. Read more at straitstimes.com. Read more at straitstimes.com.

1) Safety and security of the plant, the office, the assets, and the employees, including the expats and their families....
14/04/2026

1) Safety and security of the plant, the office, the assets, and the employees, including the expats and their families.
2) Highly efficient, literate AND Obedient workforce, most have been trained to be silent and compromising workers at the same time.
3) Tax benefits.

Some things come at a cost.
High costs + low volume = non-profitable, seems to be a formula for failure. Yes it is, if measured with atypical accounting format. But how do you price in (1), (2), and (3) above?

For MNCs, the SG's entity cannot be measured with the usual P&L metrics. A country's different development stage warrants different benchmarks to validate its success/failure, or its numbers need to be pulled in with another country's, to be seen as one. And even that, needs careful micro-separation cos same-same is still somewhat different.
In short, MNCs businesses in SG is no longer a "1+1 must be =2" situation anymore.
And when most still want to see "1+1=2", because we all learn only this from schools, and MNCs being mostly run by foreigners, more will likely exit in the coming years.
Thus, the biggest question is not who else will be exiting or affected, but
- are we building our next generations to be ready for this?
- what else can/should our government of the day do to move our nation forward?

Any thoughts, or just go with the flow, see where the tides bring us in future?

While some jobs may be shifted abroad or replaced by AI, the economy is evolving towards more specialised, higher-value work, experts told CNA’s Deep Dive podcast.

Life Insurance Association, whose members are senior executives across SG's major insurance companies, got together and ...
07/04/2026

Life Insurance Association, whose members are senior executives across SG's major insurance companies, got together and came up with Gen Z financial literacy workshops, to guide Gen Z on money usage.

I wish there were such stuffs back in the days when I first came out to work. Or perhaps there were, but I wasn't aware. Publicity/Awareness campaigns were smaller than Tiger Beer billboards. But to be fair, it was a different world/SG altogether back then and now. 4M population, HDBs were much cheaper, with supply>demand, and so were all housing. Salaries were low, but one could still manage some savings. Every men (almost) works towards dreams of car ownership. Car park lots were about 30% filled back then.

I bought a 2nd hand CRT TV with my first paycheck. Revamp my room abit, with some toys like Playstation 2. I had some insurance but did not buy anymore until somebody called on me about 3yrs into work. I always knew they were important, but too complicated to understand what was what. I only bought private hospital insurance (IP) about 5yrs into work! Luckily my friend called me up!

Fast forward to today.
- TVs became cheaper than mobile phones. General public chase newest phone models instead?? Even kids too, some bragging new iphone from their parents.
- Car ownership dreams stay in some, mostly in older folks. It's hard to remove the comfort after having owned, but owning one nowadays is illogical. It bleeds you profusely without you knowing you are bleeding. But some will still choose to get on loans for 4 wheels. Car parks now are 70% filled or more.
- Housing prices spiked 5 to 10 times. Loan sizes become bigger, scarily.
- Salaries inflated respectively? Not at all....except maybe certain groups of people, no need say who.
- Jobs prospects? I won't talk about it here anymore. We all know.
- Insurance? Yes, this thing here has its share of bad reputation and experiences. I had it no different from everyone. BUT........
+++Can we really live without it?
+++Can we really live properly with being adequately insured?
+++Can we afford it if disaster/illness strike?

When I was considering to enter this line at a late-career switch, I didn't believe Singaporeans are under-purchasing insurance, or under-insured. Few years in now, interacting mostly with PMETs, some super senior in organization hierarchies, I can confirm that most of Singapore are indeed under-insured as cost of living has sped past everyone like a bullet-train. Also under-planned for retirement, for medical emergencies, etc...
We now have 70% of carpark lots filled with cars.
But we definitely don't have 70% of population who are well-prepared.

I wish LIA can run workshops not just for Gen Z, but Gen X, Alpha, Boomers, etc..
Ask those whose families benefited from payouts bought by their loved ones - they are super glad their loved ones left them big gifts of love.
Ask those whose families plunged into poverty due to lack of planning - they have no time to feel anything but pick up pieces everywhere.

Medical inflation 17%. This sparked off my thoughts after reading this article. It's a crazy world.
I wished I had put that money I paid for CRT TV, Playstation 2, and those cars I had owned, into more investment or retirement plans back then. Or perhaps even getting my parents onto some policy.

Workshops tackle first pay checks, family budgets, and life insurance basics

Now, who is still hesitating over this? Want to buy, don't dare to buy, don't know where to buy, don't know what type to...
03/04/2026

Now, who is still hesitating over this? Want to buy, don't dare to buy, don't know where to buy, don't know what type to buy, etc..

I can help you. DM.

Retail investors are taking advantage of lower prices to build exposure, OCBC says. Read more at straitstimes.com. Read more at straitstimes.com.

Anybody still not buckling up in cars? Any reason why not? I'll like to know. I've ALWAYS buckled up ever since my days ...
03/04/2026

Anybody still not buckling up in cars?
Any reason why not? I'll like to know.

I've ALWAYS buckled up ever since my days in Perth, both as driver and passenger, regardless whether I sit in front or behind.
And I've always nagged at my family members to all follow this rule, no excuse. When my kid ignored, I told him to alight.
Harsh?

No. It's education. No excuse. Else it would be my fault and my guilt if things happen.

Do you allow your family members to not buckle?

Ninety-nine per cent of older children and over half of adults involved in road accidents were not using a seat belt. Read more at straitstimes.com. Read more at straitstimes.com.

We hope this works, for the benefits of all policyholders and our younger generations. If it doesn't, I hope MOH recogni...
02/04/2026

We hope this works, for the benefits of all policyholders and our younger generations. If it doesn't, I hope MOH recognizes, that the root cause is more than meets the eye, and do the necessary to curb it.
What are your thoughts? Are you worried? What should we do?
Speak to your advisor, or DM me.

Premiums saved each year will offset the higher co-payment for occasional hospitalisation episodes, says Mr Ong. Read more at straitstimes.com. Read more at straitstimes.com.

How do you feel, with changes year after year? 15min. I stopped explaining the benefits or premiums. I explain about the...
31/03/2026

How do you feel, with changes year after year?

15min.
I stopped explaining the benefits or premiums.
I explain about the whole ecosystem, from users to providers to regulatory bodies. Everyone plays a part. If someone tries to "abuse", everybody pays for it.

My friends and clients understand better after I explain. They keep their riders, just like I keep mine.

Do you need someone to explain the ecosystem and its dynamics to you? Welcome to DM me.

New Integrated Shield Plan riders sold from Apr 1 are not allowed to cover minimum deductibles. Here’s how much premiums will fall. https://cna.asia/47wOULw

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