Tuesday 30 January 2007

Low-Cost Unit Trusts, Insurance, etc? :O

Well, that was what I understood from Star Online's "Tune Money to cash in soon". Here's a summary:

Malaysian budget airline "tycoon" (tycoon and budget do mix!) Datuk Fernandes will begin to roll out financial products and services for the budget market through his company, Tune Money Sdn. Bhd. Budget market? Yup... the concept is to deliver the products and services via the internet, therefore eliminating agents.

Rumoured to be modelled against the US' Virgin Money's which I have no idea about. Anyone care to elaborate?

And let's wait and see for more updates! :)

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