So you have been approached by a financial consultant. This consultant may be a relative, a friend or a random person you met at a social or networking event. They annoy you, so you decide to avoid them. But are you sure that this was a wise decision? Before you actually avoid them, you should find out what kind of financial consultant you better steer clear of.
Here is the list:
- Serial Killer Financial Consultant;
- Rapist Financial Consultant;
- Terrorist Financial Consultant; and
- Idiot Financial Consultant.
Fortunately, it is impossible to meet any of these four kinds of insurance agent in Singapore because the Monetary Authority of Singapore (MAS) and the Ministry of Manpower (MOM) have laid down a very strict, smart and inspirational regulatory framework that requires all Financial Consultants to be certified and highly qualified in terms of their knowledge, personality, legal record, and so on.
If you want to make sure that a financial consultant really is the representative of a trustworthy company in Singapore, you can check his/her RNF (Representative Network Framework) Code on the MAS website – any Financial Consultant should give this to you when you ask for it.
This strict government regulation means that there are NO Financial Consultants in Singapore that you should avoid. They are all good human beings like you and they are there to help protect you financially in case you face an unexpected event in your life. Why avoid someone who could save your (financial) life?
On the other hand, if you want a Consultant who is incredibly awesome, can be your good friend and has a good sense of humour like me, why don’t you just contact me? It’s time to choose and approach your own Financial Consultant, instead of being approached by one – and then trying to avoid them.