[heeddy]

Hi all,

I'm new to this forum and even newer to this issue of saving by using an ILP. Recently while attending a free SGX seminar it came across to me to put in a small amount of $ per mth, from $150-200 into a ILP or a sharebuilder plan.

So my question here is, which is better? I need suggestions for any better venues for investment if anymore - other than direct lump sum investment in purchase of stock (cos i don't have a few thousand $ to spare)

ILP that i'm looking into : NTUC Income Combined fund

NTUC Income | Combined Funds

Sharebuilder plan that i'm looking into : Poems sharebuilder plan:

http://www.poems.com.sg/FinancialSer...PInfosheet.pdf

By a rough comparison, the NTUC ILP actually makes me pay like almost $2000 worth in commission to the insurance agent in the 1st 2 years, followed by a reduced commission from the 3rd year on.

whereas the poems sharbuilder fees and charges are more transparent.

so which direction should I go ? I already have adequate insurance cover though...

Thanks all for your inputs ...