Me & My Money

Walking the talk to boost consumer financial know-how

CEO's self-help insurance portal aims to spur customers to take ownership of personal finances

RAF Holdings chief executive Kang Beng Hui sees tremendous growth potential in the integration of traditional and online business models in the financial advisory and distribution industry, and says there are plans to expand the footprint of the FinA
RAF Holdings chief executive Kang Beng Hui sees tremendous growth potential in the integration of traditional and online business models in the financial advisory and distribution industry, and says there are plans to expand the footprint of the FinAlly.sg self-help insurance portal beyond the Singapore market.ST PHOTO: LIM YAOHUI

Mr Kang Beng Hui believes in the importance of consumer financial literacy and he walks the talk.

In 2016, the chief executive of RAF Holdings and senior partner at Ray Alliance Financial Advisers helped his firm set up insurance portal FinAlly.sg with $200,000.

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A version of this article appeared in the print edition of The Sunday Times on January 20, 2019, with the headline 'Walking the talk to boost consumer financial know-how'. Subscribe