Insurance
and Financial Practitioners Association of Singapore
Mission Statement
As Singapore's most established and foremost association for insurance and financial practitioners, IFPAS is dedicated to enhancing ethical and professional standards through continuous education and providing a forum for ongoing discourse on industry issues. It also serves as a collective voice for its membership on legislative and policy-related discussions.
Vision Statement
To be a united professional body that can give stature to financial services
professionals through training, education and community service.
Power Phrase
"This business will not change my life, but it could change yours or that of your family." Dermont A.W. Clark
London, England
Reprinted with permission from The Million Dollar Round Table
Our Corporate ID
Life Underwriters Association of Singapore has changed to a new Corporate Identity.
At the 35th AGM held on 31 March 2009 at the Civil Service College Auditoriumm the following Executive Committee 2009/2010 has been elected into office for the Exco term from 1 May 2009 to 31 April 2010.
President:
Seah Mong Yeow, Leslie
Vice-Presidents:
Arrasu S.E.
Tan Jet Yeng Jeffrey
Tok Angela
Honorary Secretary:
Ting Chee Kheong
Honorary Treasurer:
Kenneth Leong
Assistant Honorary Secretary:
Ang Choon Her, Andrew
Council Members:
Kao Beng Ann, David
Lam Siew Wan, Raymond
Lim Siak Kiat, David
Announcement
MDRT Membership Requirement
MDRT has changed its 2010 Membership Requirement.
The MDRT production requirement for 2010 membership year (based on 2009
production) is to remain unchanged from the exisitng (2009) level.
The production requirement in Singapore Dollar terms are as follows:
Based on Commission:
MDRT Commission:
S$103,000.00
COT Commission:
S$309,000.00
TOT Commission:
S$618,000.00
Based on First Year Paid Premium:
Premium:
S$309,000.00
COT Premium:
S$927,000.00
TOT Premium:
S$1,854,000.00
AFC Programme - Intake 1
Enrol now for the Associate Financial Consultant (AFC) Programme and be accredited.
Intake 1 is scheduled from 25 to 28 August 2009.
Click here for the AFC Brochure
Click here for the course details
Click here for the enrolment form
12th APLIC Congress
12TH APLIC CONGRESS TICKETS AT VERY ATTRACTIVE PRICE!
For more details, please click here to view the brochure.
Please click here to access the current FChFP designation holders' directory.
Coverage
IFPAS presents the newly revamped Coverage! We have spruced up its content which now features not only finance and business related articles but we have also included snazzy lifestyle columns. From new tech applications to reviewing the new Jaguar XF, we at Coverage have got it covered.
We would like to hear more from you so if you do have any comments please do direct it to hattaaziz@ifpas.org.sg
Click here to read the full version of the latest issue of Coverage
CNA Live Interview Re: AIA
The President of IFPAS, Mr M P Sellvem gave views on the situation at a Channel News Asia interview on 17 September 2008.
Email/Letters from IFPAS President
Please click on the links below to read the emails/letters.
Review of the regulatory regime governing the sale and marketing of unlisted investment products
MAS has put up a consultation paper to invite views and comments on the above. As the subject matter is very much related to our practice, we urge you to view the proposed and give your input so that IFPAS can consolidate and organise your input and make relevant comments to MAS. As we want to play a more active role in matters concerning our profession, we practitioners must speak up as and when there is a need to, so that we are not left behind in the decision making process.
Please take some time to go through the consultation paper and do give us your comments for consolidation by 10th April 2009.
Use Interbank GIRO to pay your entrance fee and annual subscription (for members not in Company Check-off scheme). Use this facility for your course fees, congress fees, seminar fees and other payments to IFPAS.
Click here to download Application for Interbank GIRO form.
Press Articles
The Straits Time Online Forum Page: November 27, 2006
Title: Insurance professionals sell policies on basis of client's needs
