Invest Round-up

Banks cater to customers' leisure and forex needs

The Sunday Times highlights three new insurance products, an entertainment benefit and a digital forex service.

A UOB customer checking exchange rates using the bank's Mighty FX service, which lets customers trade and transact quickly and conveniently in 11 currencies without being charged any currency conversion fees.
A UOB customer checking exchange rates using the bank's Mighty FX service, which lets customers trade and transact quickly and conveniently in 11 currencies without being charged any currency conversion fees. PHOTO: UNITED OVERSEAS BANK
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This is a single premium plan aimed at affluent pre-retirees. It can be used as an avenue to supplement your retirement income or as part of your legacy planning.

The key benefits include guaranteed monthly cash payouts and a non-guaranteed cash bonus starting from the fifth policy year. The total projected yield is up to 4.16 per cent a year.

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A version of this article appeared in the print edition of The Sunday Times on March 04, 2018, with the headline Banks cater to customers' leisure and forex needs. Subscribe