General

Be careful! Do not invest based on promises of quick and attractive returns alone.You are advised to ignore advertisements which tout conversion of CPF into cash. You should invest prudently and consider the suitability of the products according to your own risk appetite and investment objectives. Investments should not be made based on promotional gifts and rebates. Click  here to get some tips before investing your CPF savings.

The Financial Advisers Act (FAA) regulates companies and individuals that provide advice on investment products to consumers. From October 2002, the FAA sets common standards for those who give investment advice by introducing some important initiatives to protect your interests as a consumer. Find out more about the important tips to bear in mind when you are dealing with a financial adviser.

Not sure what to do when you have a problem with your financial institution? These Quick Tips show you the steps to take in resolving your problem.

Two-Factor Authentication (2FA) was implemented to improve the security of internet banking. Click here to read more on 2FA and things to take note of when performing online transactions.

Have you received spoofed emails purported to be from your bank, credit card company or service provider? Read about phishing, a technique used by fraudsters to obtain sensitive personal information such as your account details, PIN, credit card number, user ID or password through the Internet, and how you can protect yourself from becoming a victim.

Increasingly, more and people are using the Internet banking to conduct financial transactions. Click here to find out more about simple steps you can take to protect yourself when conducting such transactions.

Be careful if you receive unsolicited letters or emails offering deals that seem to be too good to be true, appear to come from well-known institutions, request for confidential information, and/or give instructions to transfer funds to a third party or account. Such mails are typically scams intended to defraud. Click here to get some tips on how you can protect yourself from scams.

This consumer alert reminds consumers to exercise caution when they receive offers from unregulated schemes or entities where the returns are unusually high, and provides key questions consumers should ask before they hand over any money to any product or scheme provider.

Cold calls, emails or bogus internet websites are common techniques used by unregulated persons to solicit business for bogus investments. Click here for tips provided by MoneySENSE on how you can protect yourself from falling prey to such schemes.

The Monetary Authority of Singapore (MAS) today announced the publication of an Investor Alert List (IAL). The IAL lists persons whom MAS receives information on as undertaking financial services activity in Singapore without being licensed or authorised by MAS. MAS has also issued a consumer alert that highlights common techniques used by unregulated persons to solicit business and the risks involved. It also informs consumers on the steps they can take to protect themselves.

Have you met with instances of aggressive selling where you do not know how you should deal with the sales person? Read about the tell-tale signs of aggressive selling and how you can protect yourself from being a victim.

It is important to start inculcating sensible money management habits in children.  This can help them develop the virtues of saving and thrift as they grow up.  Click  here to read about how you can teach your children money management habits.

Have you made your new year resolutions? Making financial resolutions is the first step to taking greater personal responsibility for your financial well-being. The earlier you start planning, the better off you will be as you will have more time to work towards your financial goals. Not sure where to start? Read our "Financial Resolutions For The New Year" for some tips.

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