Want more choices? How Ascend Asia is rewriting Financial advice with open architecture

This post was created in partnership with Ascend Asia. All views and opinions expressed in this article are Beansprout’s objective and professional opinions. What was it like when you made your first insurance purchase?  Probably, it was a friend who reached out to you. First came a text message, followed by a coffee chat arranged out of obligation and politeness. You then bought something—maybe you understood it, maybe you didn’t. You just knew that insurance was important; it’s a narrative many of us grew up with.  And then—in many stories that have become all too common—you never see this friend again. Apart from servicing the regular insurance premiums, your insurance plan sits somewhere forgotten. One day, hopefully, it will come in useful.  This experience is core to nearly every working adult in Singapore. It’s not the most pleasant or enlightening one, yet we’ve all been through it.  This raises a…