Got burning questions in your mind? These might help you answer those questions!

What does GEN mean?


The idea behind using “GEN” for our group’s identity is to remind ourselves constantly of our mission statement – Impacting GENerations…


Who is a “GEN Planner”?


A “GEN Planner” is a financial planner representing PIAS who uses Building Transferable Wealth as a guide to help people in their personal financial planning.


Why a GEN planner?


If you like the way we have helped our clients, why not give us a try?


What is financial planning?


There are many different ways financial planning can be explained. In GEN, we see it simply as the process of building transferable wealth. In other words, financial planning must lead to savings and the end of financial planning is transferable wealth.


When should I start financial planning?


Generally speaking, the earlier the better. Life is a series of adjustments and the earlier you start, the more time there is to review and make the inevitable but necessary amendments along the way.


Can I do it myself?




Why do I need a professional financial planner?


A professional financial planner is like a trusted second opinion who will ask you the “Have you thought about this?” and “Have you thought about that?” type of questions which you will never ask yourself.


Can I save money by comparing products?




Why don’t people compare products?


Generally, it’s either they don’t have the time or the expertise to compare.


When should I compare products?


Product comparisons are only meaningful after your financial needs are clearly identified. General comparison is not useful as products with lower premiums may not always have the features or benefits that will fit your needs and solve your problems.

When product benefits are plain and simple, meaningful comparisons can generally be made.


Am I paying too much for my insurance or investment plans?


That’s a tough one to answer. Part of it depends on your needs. Most financial planners use an income allocation model as a guide. We have one in GEN which we use to educate clients on how much should go into risk management, retirement and expenses.


What is the difference between a commission based and a fee based financial planner?


The obvious answer is the way the financial planner is remunerated.  You will pay a fee for receiving financial advisory services in a fee based arrangement while the financial planner receives commission based on the product(s) sold in a commission based arrangement.

Tip: The different methods of remuneration will even itself out over a long term relationship so don’t let it confuse you in deciding who you want as your financial planner. The focus should always be on the value of the work done.


How do I find the right financial planner?


You can keep in mind these 5 tips:

  1. Get referrals
  2. Find out about their financial planning philosophy
  3. Enquire about their education and training
  4. Meet face to face
  5. Ask if they hold any professional membership

Or you can try a GEN planner first!



“Planning without implementation is a waste of time,

Implementation without planning is a waste of money,

Planning with implementation is GEN”