My3Life

My3Life We want to put you on the right path to a better financial future by taking time to understand your unique needs and goals.

Together with our business partners, you have access to investment, insurance, and wealth management plans.

Big-ticket move: Great Eastern’s roughly US$100 million (S$127 million) commitment to Granite Asia’s inaugural private c...
26/08/2026

Big-ticket move: Great Eastern’s roughly US$100 million (S$127 million) commitment to Granite Asia’s inaugural private credit fund, paired with about US$70 million from DBS private banking clients, pushed the strategy past a US$500 million target after more than US$350 million in 2025 anchor commitments. A memory from a late-night briefing in the CBD: a pension-fund chief called private credit “the new lifeboat” — thrilling when the sea is calm, unnerving when it’s not. There’s exhilaration here, certainly; insurers are chasing yield. There’s also a knot of anxiety, because higher returns rarely come without higher default risk. Earlier in 2026, several large alternative managers had to limit redemptions after outsized exposure to software names got squeezed by rapid AI-driven disruption — and that episode bruised confidence. So far, Asia-Pacific private credit has dodged much of that shock: many regional funds are closed-ended and carry lighter software exposure, which provided some insulation. Moody’s, however, flags obvious headwinds — economic uncertainty, geopolitical tensions and elevated rates — that are likely to cool fundraising as institutional investors become more cautious about illiquid allocations. The Great Eastern and DBS commitments sharpen two themes: strong appetite for higher-yield credit solutions among institutional and private clients, and an insistence on disciplined credit selection, diversification and liquidity management. For mid-market borrowers, expect continued access to private capital but on more conservative pricing and terms. For investors, a blunt reminder: yield comes with trade-offs, and due diligence matters more than ever. Great Eastern and Granite Asia declined to comment. Worth watching whether this deal prompts similar insurer commitments and how fund performance holds up against a cautious macro backdrop. https://rpst.cc/g5b9w6

This hits hard — the FMA’s new research lays the problem bare: insurance is failing too many Māori. More than 950 partic...
25/08/2026

This hits hard — the FMA’s new research lays the problem bare: insurance is failing too many Māori. More than 950 participants; 17% experienced problems with insurance in the last two years, almost double the general population. Affordability is a crushing barrier — 82% agreed people don’t have enough money to pay for cover. Add collective ownership of whenua, cultural values, and the staggering costs of insuring taonga like carvings and woven panels, and it’s easy to see why off‑the‑shelf products don’t fit.

Seen examples where a whānau is told a treasured pou could be replaced for a fraction of its real value. Replacement‑cost figures that ignore whakapapa and intergenerational worth are not arithmetic mistakes — they’re erasures. That kind of dismissal stings. It is more than money; it’s a loss of identity and security handed down the generations.

Distrust is widespread. Experiences of racism, the legacy of colonisation, and painfully complex claims processes breed fatigue and scepticism. No surprise then that Māori are less likely than others to hold car, house or health cover — vulnerability increases when trust is absent.

Climate change makes everything worse. Many Māori communities are over‑represented in flood zones, along eroding coasts and in other hazard areas because of historical land returns and enduring connections to whenua. Risk rises; availability and affordability fall.

The research points to practical steps that demand attention: redesign insurance settings so whenua held in multiple or collective ownership can be covered fairly; produce culturally appropriate information; lift Māori representation across the financial system so lived experience informs product design; and rebuild trust through genuine engagement, not token gestures.

This is a call for honest, concrete action — from insurers, regulators and policymakers alike — to ensure fair access to insurance, to protect taonga, and to respond to the climate risks that hit Māori first and worst. FMA research (published Aug 25, led by Victoria University’s Lara Greaves) makes the urgency impossible to ignore. 🌿🤝 https://rpst.cc/buz64M

Unsettling news out of Buenos Aires: a clerical error has just rewritten part of the narrative around Diego Maradona’s d...
24/08/2026

Unsettling news out of Buenos Aires: a clerical error has just rewritten part of the narrative around Diego Maradona’s death trial. Swiss Medical has admitted that tests submitted to the investigating commission were actually those of his father, Diego Salustiano Maradona — files mistakenly lodged under the son’s name. Small paperwork, huge consequences. 🔍

A defence lawyer flagged the mix‑up; a nephrologist already relied on those very results during testimony. The court paused proceedings for a week to untangle what that means for evidence already given. Pause, rewind, rethink — justice delayed while professionals try to salvage truth from a filing mistake.

Years in practice teach harsh lessons about how fragile trust becomes when records go astray. Once, a grieving family here received a medical summary that belonged to someone else; months of anguish followed while answers were hunted down. That memory lands hard when thinking of Maradona’s relatives watching this play out on a public stage. Emotion isn't just headlines — it is very human, very raw.

Context: Maradona died in November 2020 at 60, two weeks after surgery for a brain clot, with heart failure and acute pulmonary oedema listed as causes. His medical team faces accusations of grossly inadequate care; they deny the charges. The present trial, restarted after last year’s collapse over a conflict of interest, resumes on August 27 and is expected to run into September.

Beyond legal theatre, this episode is a blunt reminder: accurate records, meticulous evidence handling, and transparency are non‑negotiable. Errors like this derail testimony, erode public confidence, and prolong the pain of grieving families. Many will be watching to see whether the court can restore clarity and deliver a fair, transparent outcome. ⚖️ https://rpst.cc/Qs5DBB

This case hits home: a 74-year-old mother was locked out of her late son’s HDB flat for seven crushing years because a s...
22/08/2026

This case hits home: a 74-year-old mother was locked out of her late son’s HDB flat for seven crushing years because a sham marriage with a stranger created a legal deadlock. Phantom paperwork. Blocked inheritance. A family dragged through courtrooms and forms while grief and frustration festered. It is heartbreaking and enraging in equal measure.

A neighbour’s story lingers in the head — an elderly aunt suddenly had a new ‘spouse’ listed on documents, and only after months of frantic inquiries did the family realise something was wrong. Time was the thief: delays meant lost opportunities, mounting stress and a sense that the system had failed those who could least afford it.

Practical steps to reduce the risk now:
- Keep property deeds, wills and identity documents together in a secure place. Make sure two trusted people know where they are and how to access them in an emergency.
- Check records regularly. If a marriage or transfer appears unexpectedly, demand certified documentation and verification from HDB and the relevant agencies.
- Act quickly: contact HDB, a probate or family lawyer, or community legal clinics the moment something looks suspicious. Early intervention can shrink the time spent in legal limbo.
- Neighbours, friends and social workers matter. Unusual behaviour, new acquaintances, or sudden changes in an elder’s routine should be flagged and followed up.
- Put simple safeguards in place where appropriate — powers of attorney, reviewed estate plans, and periodic checks on ownership status.

Courts can sometimes provide interim relief while disputes are resolved, and criminal complaints are possible in marriage-fraud cases. Eldercare agencies, family service centres and community legal clinics can offer both practical guidance and emotional support during the slog.

This isn’t just a procedural headache — it’s a human one. Protect the vulnerable, keep records up to date, and move fast when something feels off. If anyone has walked this road, sharing what was learned with community groups can help prevent others from living through the same long, painful delays. https://rpst.cc/KALR3K

Thinking of getting a dog? Hold that thrill for a beat — the price tag is only the opening line of the story. When the h...
22/08/2026

Thinking of getting a dog? Hold that thrill for a beat — the price tag is only the opening line of the story. When the household brought home puppy Skye, lessons arrived fast and unglamorous: wallets tightened, calendars were reshuffled, and social plans quietly shifted. Kibble was dismissed as overprocessed, so home-cooked meals began; sensitive stomachs led to vet visits, diagnostic tests and medications. A tailored fresh-food plan ran about S$510 a month; when that didn’t suit, the vet prescribed specialised kibble for sensitive tummies at S$150–S$200 monthly. All the effort to avoid kibble ended with the realization that the right solution sometimes looks like the thing that was dismissed first — emotionally draining and costly. Beyond food and routine care, hidden expenses lurk: boarding or pet-sitting during travel, extra grooming or training, and last-minute plan changes that vanish because someone needs morning walks. Spontaneous weekend getaways evaporate; late nights need planning; evenings become choreographed around dog runs. Still, there is a brilliant counterweight: more steps logged each day, casual conversations with neighbours at the park, and those small, startling moments of calm when Skye greets the household at the door — utterly priceless. Treat pet parenting like financial and lifestyle planning rolled into one long, fluffy commitment: budget for regular costs, holiday care, an emergency fund and the inevitable curveballs. The question to ask is not just “Can a dog be afforded?” but “Can this lifestyle be afforded?” When the pieces fit, the loyalty and joy a dog brings can make every sacrifice worthwhile. 🐶💛 https://rpst.cc/5sssag

This is ugly: recent reports from Singapore reveal a disturbing pattern — couples staging sham divorces purely to hide a...
21/08/2026

This is ugly: recent reports from Singapore reveal a disturbing pattern — couples staging sham divorces purely to hide assets from creditors. It reads like a plot twist no one wanted, but the repercussions are painfully real.

One case that sticks in the mind involved a couple who spun a web of transfers and declarations; months later, courts began to untangle it, transactions were reversed, penalties slapped on, and relationships shredded. That kind of fallout isn’t theoretical. Courts, creditors and immigration authorities have the power to investigate, unwind deals and pursue fines or criminal charges. The human cost is worse: trust collapses, children get dragged into legal limbo, and what was supposed to be a quick escape turns into years of emotional and financial damage.

Think twice before choosing a shortcut. Honest conversations with lenders, negotiated repayment plans, debt restructuring, mediation or formal insolvency procedures are messy and humbling, yes — but they don’t carry the same risk of fraud charges or ruined reputations. These lawful routes preserve options long term, even if they feel tougher in the moment.

A warning worth repeating: never falsify marital status or conceal assets to dodge creditors. Seek counsel from a qualified lawyer and a licensed financial professional, and consider professional debt counselling if pressures feel overwhelming. Early, transparent steps usually prevent the worst outcomes; schemes that promise instant relief very often unravel badly.

This story is a stark reminder: trying to outsmart the legal system can backfire spectacularly. Protect your family and your future by choosing lawful, well-advised paths when dealing with debt or residency issues. If this hits close to home, reach out to a trusted legal or licensed financial professional — getting proper help early can make a huge difference.

https://rpst.cc/DUBgGr

Ever watched your bank balance shrink and felt that gut-punch, even though the paycheck seems decent? It's rarely about ...
20/08/2026

Ever watched your bank balance shrink and felt that gut-punch, even though the paycheck seems decent? It's rarely about how much comes in; more often it's about what quietly leaks out. Seen this a thousand times: the YOLO impulse that turns public transport into private-hire splurges, a rack of premium wellness classes, or quarterly overseas retreats — all justified as 'needs' when they’re not.

Life shifts fast. Singles become couples, bedrooms become households, and suddenly weddings, BTOs or condo purchases, renovations, childcare and eldercare costs all knock at once. Mid-career, the squeeze tightens: kids, ageing parents, and the ever-present whisper of job uncertainty. It becomes emotionally exhausting; money stops being a tool and starts to feel like a leash.

Real cases bring this home. One homeowner later regretted nearly $96,000 in renovation and decoration bills for a four-room BTO; another couple in their 60s racked up roughly $600,000 in credit card debt funding overseas education for their children, and retirement had to be pushed further away. Missed credit card payments are brutal — interest rates north of 25 per cent, compounded daily — and the numbers climb with alarming speed.

But the fix is practical and achievable. Start tracking every dollar. Distinguish wants from needs. Set realistic budgets, build an emergency fund, and attack high-interest debt first. Borrow only within comfortable repayment capacity. When debts start to pile, reach out for professional help early — don’t wait until stress becomes crisis.

For actionable tips and real-life strategies, join The Straits Times InvestMe workshop on Sept 17 at the SPH Media auditorium, News Centre, Toa Payoh North. A panel featuring Tan Huey Min from Credit Counselling Singapore and Leon Loh from GEN Financial Advisory will share household budgeting tactics, borrowing strategies and ways to make smarter spending decisions. Subscribe to The Straits Times InvestMe package to sign up; existing subscribers who haven’t recently renewed may register without extra charges.

Whether starting out, forming a household, or supporting a family, this session is a chance to sharpen money habits and avoid a debt spiral. Don’t let short-term pleasures steal long-term security — change starts with one small decision.

Good news from AIA: new business value climbed 13% to US$3.21 billion in H1 2026. A touch below the US$3.26 billion anal...
20/08/2026

Good news from AIA: new business value climbed 13% to US$3.21 billion in H1 2026. A touch below the US$3.26 billion analyst median, yes, but still a solid 10% rise on a constant-currency basis — momentum that feels meaningful rather than accidental. Hong Kong and China led the way (HK up 10% to US$1.17bn; China up 26% to US$937m), while Singapore nudged ahead 14% to US$294m as demand for wealth and long‑term savings from affluent and high‑net‑worth clients picked up. That blend of product demand, cost discipline and tech-enabled distribution reads like careful choreography. There was a memorable moment a few years back: a nervous young couple choosing between a flashy short-term yield and a steadier savings plan — they picked patience, and that sort of decision is what shows up in numbers like these. CFO Garth Jones’ comment that China’s tax laws haven’t changed eases some worries, and the interim dividend increase to 53.9 HK cents (up 10%) sends a reassuring signal to income-focused investors. Operationally, completing the US$1.7bn buyback, hitting a record annualised operating ROE of 17.5% and squeezing out US$200m in yearly expense savings after roughly US$800m of tech investment are tangible outcomes; tech that actually frees agents from paperwork and puts them back talking to clients is worth celebrating. Still, geopolitical tensions, market volatility and inflation remain very real headwinds — and any further tweaks to China’s approach on offshore products would be watched closely for spillovers into Hong Kong. For now, resilience and targeted growth across key markets offer a mix of relief and cautious optimism for policyholders and investors alike. Thoughts? 📈💼 https://rpst.cc/j4MXDo

Retirement doesn’t have to feel like a single cliff-edge moment. That hollow at the stomach when a job title disappears—...
19/08/2026

Retirement doesn’t have to feel like a single cliff-edge moment. That hollow at the stomach when a job title disappears—seen at a kopi session during a send-off, when a seasoned manager simply asked, ‘Who am I now?’—it lands hard. Sonny Santos’ disorientation is not an outlier; the modern life-course (education, paid work, retirement) heaps identity onto one institutional exit, so the drop looks dramatic.

Here’s the reassuring part: the unease is often temporary. A Finnish interview study of people aged 50+ showed employees tend to mark old age around 60–70 and treat retirement as an official stamp, while the self-employed tie it to health and function and push it later. Longitudinal research adds more comfort: roughly 70% of retirees show minimal change in psychological well-being, and another quarter dip briefly at the transition and then recover.

What predicts smoother adjustment isn’t the title that’s lost but the resources someone brings—health, finances, social ties, and a sense of control over timing. Phased exits, bridge work and gradual transitions consistently link to better outcomes. That’s actionable, not just academic.

Try a small social experiment at the next gathering: swap ‘What do you do?’ for ‘What are you enjoying at the moment?’ It costs nothing, assumes nothing, and invites stories about gardening, grandchildren, a new hobby, or a slower rhythm.

If a change is approaching, or if someone close is wobbling, focus on bolstering those resources and opening the timing up. A little curiosity, flexibility and a softer timeline can steady a surprising amount of anxiety. A gentler landing is possible. 🙂

Heads up — a slick phishing plot is making the rounds, targeting CPF members with fake “refund” notices for alleged exce...
19/08/2026

Heads up — a slick phishing plot is making the rounds, targeting CPF members with fake “refund” notices for alleged excess contributions. A neighbour nearly clicked the link last week and only stopped when the request for Singpass details felt off; heart racing, they deleted the message and called the official line. That split-second hesitation mattered.

How the con looks: emails arrive with subject lines like “CPF Contribution Overpayment – Refund Notification,” complete with a copied CPF logo and spoofed sender IDs. Scammers are getting craftier; some messages almost look official. Don’t let a convincing logo override common sense.

Quick checks to trust: official CPF emails only come from addresses ending with .gov.sg or .cpf.gov.sg. Calls are from the hotline 6227‑1188. SMS will show a gov.sg sender ID. WhatsApp messages appear only from verified accounts labelled “CPF Board Text Us” or “CPF Board” with a blue tick. CPF never makes calls via WhatsApp.

If something smells wrong, pause. Do not click links. Do not download attachments. Do not hand over personal or banking details — especially Singpass credentials. Delete the message. If in doubt, call the CPF hotline or the 24/7 ScamShield helpline on 1799 to confirm.

If a link was clicked or information shared already: disconnect the device from the internet immediately, change passwords (including Singpass), alert your bank to monitor or freeze accounts, and report the incident via ScamShield and CPF’s official channels.

Why this matters: government-impersonation scams surged — cases jumped from 1,504 in 2024 to 3,363 in 2025, and losses climbed from $151.3 million to $242.9 million. Those numbers aren’t just statistics; they represent real people losing hard-earned savings.

Final note: a few careful checks can save a lot of heartache. Slow down, inspect sender addresses closely, and always verify using official numbers before responding. When something feels off, stop and confirm — that pause could be the difference between a safe day and a costly mistake. 🛡️⚠️ https://rpst.cc/hfPjr7

Address

Singapore
0

Website

Alerts

Be the first to know and let us send you an email when My3Life posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category