The pitfalls of investing in ILAS

In 2010, Li (who asked that her full name not be revealed) started a new job with a higher salary. Her wealth planner, who worked for a global bank, advised Li to invest in a pension plan sold by a major insurance firm.

She agreed to the idea and committed to pay US$4,200 a month into a five-year pension investment.

via Business feed http://www.scmp.com/business/money/investment-products/article/1105472/pitfalls-investing-ilas