Personal Finance Services

Overview of Financial Planning

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Single Needs

Based on Individual’s Priority

i. Protection – Life Coverage, Healthcare & Family Income Protection

ii. Savings – Retirement, Savings for Lifestyle & Education

iii. Investment – Regular investment or Lump sum investment

Multiple Needs

More than one needs at a time

i. Combination of products is needed to meet the goals.

ii. Higher budget is required for optimum planning

iii. To address for the area of concerns while planning

Comprehensive Personal Financial Planning

To get to know the current financial status

To identify the financial goals of individual

To address the priority

To take note on the existing resources

To identify the risks that may encounter

To plan for possible solution

Comprehensive planning based on

i. Wealth protection

ii. Wealth accumulation

iii. Wealth consumption

iv. Wealth distribution

*Planning for priority is chosen if total budget is not sufficient.

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