The master-plan between IPP-JNP, Global-Millennium-Financial-Services / Unicorn – Episode 1

Dear supportive readers, thank you so much for all your participation. As you know, I too like a lot of participation and contributions.

I have taken a back seat and let you readers be the author of this post. There is still a lot more so I am breaking this into 2 episodes..

If you have further contributions, please email jnpfinancial@gmail.com and I assured you full privacy as usual.

So... the Head of JNP has been saying that all famous and successful people would get this kind of Press...

Before this post starts official:

Dearest Siti, please stop trying to break into Chew Chee Chong's email by saying you're from Google and need him to update his email by replying to your email stating Userid and Password.

Please don't think that Chee Chong is a moron.

Dearest Ashlyn aka Gian_banker, thanks for your opposing-bias views. I'm sure the audience commenting had fun fighting it out with you.

GR (Gross Revenue) biasness against their own advisers:

IPP has converted to the GR scheme with a minimum of 60% for all advisers, but JNP advisers are deceptfully shortchanged by the JNP Management to get only 50% of commissions.

Pay $5 for precious signatures from Shen Ren (Sage):

Advisers have to pay for signature/ Stamp on their coaching notes: $5 each to Patrick Tan and Robin Tan when this is their duty for them to sign. When this is under MAS regulation for Managers and Branch Partners to fulfill their own compliance requirements.

FREE A4 Paper Must Pay

All branches in IPP get FREE rims of Double A - A4 paper from IPP HQ. It is only in JNP that something that is free, must be paid by their advisers from their own pocket.

Reason: the Head wants to squeeze even $4.50 for each FREE rim of A4 paper.

The Head's reason to IPP Management is that his advisers are ungrateful and wasteful, hence must be “educated” through the pain of paying their hard earned money.

Money for property Investments STILL not returned to consultants

After the 2^nd Post, I'm glad to hear that many ex-advisers have gotten back the money that they “invested” in JNP's Property Scheming Scheme. Yet some advisers have still NOT GOTTEN BACK HARD EARNED MONEY $$$$$$$$$.

Why does he still think that he is above the Justice System of Singapore?

How can he continue to “EAT” adviser's investment money?

Someone just call MAS.. and JNP will be in trouble. For ease of contact,

MAS Hotline: 6225 5577

Clients are being played like a fool

If you're a client whose adviser is still in IPP-JNP, even if you wanted to buy the most basic of life insurance (Whole Life), you will be convinced to buy Term insurance instead. They probably paint a picture that their current philosophy in planning is to 'Buy Term Invest the Rest' because of the great opportunity and blah blah blah blah blah...

If this is their philosophy, why are the people that have already moved over to GMFS (Unicorn) selling Whole Life like it's Great Singapore Sale??

Double standard don't you think?

Yet, there is still a way though very illegal. I hope MAS doesn't find out about this..

Parking Insurance cases of IPP-JNP advisers under Global Millenium Financial Services (Unicorn) advisers:

• Cases parked under Ong Khai Chien: Chong Munh Yung Selia, Chua Hui Koon
• Cases parked under Hermawan: Ng Wee Seng, Ng Suat Lynn, Bernard Chan, Seow Kek Wee, Clementia Phuket

Just do a check on the clients submitted and you will see for yourself whether there are any linkages between JNP, Unicorn & clients.

Advisers forced to sign NDA (Non-disclosure agreements)

If you're leaving JNP, you will be forced to sign an NDA stating that you don't know about their movement to Global Millienium Financial Services and or anything related to your life in JNP.

If you tell your father or mother, you will be sued.

Why sign and NDA when there is nothing to hide and nothing illegal?

IPP HQ launch an internal enquiry pertaining to contents on this blog

IPP Management has launched a formal inquiry toward the contents of the last few posts of this blog. To find out if all that was mentioned is indeed true. All the vulgarities, the withholding of bonuses, the fines that advisers have to pay to be coaching etc..

Maybe someone should call IPP for the head's reply:

IPP Hotline: 6511 8888

Fined for not converting to Christianity

During a Bible Study Session in late early 2010 which the Head conducted, he asked his Bible Study Group if they have converted anyone to become Christian.

His rational for this question?

That if I have taught you about the Bible, you must take action and convert. But the fact that you haven't means that you disrespect his time and effort.

Punishment? Fined $100 - $200 for not converting anyone to become a Christian.

Imagine if the Government knew about this. That a Financial Advisory Company is running a religious group that fines its members for not recruiting. If the churches heard about this, it would be very ugly and shameful sight.

But he is above the Church and the governing bodies that put order in the religious groups within our very delicate inter-racial inter-religious Singapore.

Siti and Calina are the bridges between JNP and Unicorn

Siti and Calina are housing commissions on behalf of Ong Khai Chien, Hermawan and Yang Chen

Just look at the jump in their Salary from Insurance and Investments:

Siti pay in 2010:

Aug: $573.93

Sep: $337.08

Oct: $1,407.01

Nov: $14,105.11

Calina's pay in 2010:

Aug: $93.02

Sep: $468.21

Oct: $1,366.73

Nov: $10,713.11

The 3 of them left around Sep/ Oct 2010. All of them are still getting their pay from Siti and Calina while being able to sell insurance (I'm sure there is no paper trail). As for the rest of the JNP advisers that for God-Knows-what reason wants to follow JNP over to Unicorn, you will not have this luxury.

Instead you will have to give up all your hard earned commissions for a cause I'm not sure you really want to be part of.

Does this affect the Head's pocket? No!

He has built up the advisers of in UNICORN already while he is still getting the remaining income from IPP. He will never lose out as much as the advisers below him.

What a family..

IPP-GNA (Gwen's Branch) & IPP-ELITE (Carol's Branch) will follow IPP-JNP to form UNICORN (aka GMFS)

As Gwen will be moving over to UNICORN, go to any other branches if you wish to stay in IPP.

So that you don't have to make this mistake twice.

Be prepared for this...

Something that ONLY JNP DOES – take 10% from the adviser's commissions when they change branch. No other branch in IPP does this.

It's just him taking care of his family and showing concern.. by taking your money.

*Note to JNP ADVISERS:*

Dear JNP who are looking for alternatives, IPP Management has allowed FREE MOVEMENT of JNP Advisers to any branch without any hassle at all. If your intentions are made know to the management (Mr Tay Huai Eng), your transfer out of JNP will be smooth and immediate.

Just tell Calina that you want to go to another branch (anywhere but GNA or Elite) and she cannot force you to do otherwise.

I welcome you to continue to leave comments and WARN all your close friends if they are thinking of joining them to think once, think twice and whatever it is DO NOT JOIN THEM.