SGX and NIE hold investor education seminar for 700 teachers

SINGAPORE - An investor education symposium was held for teachers on Wednesday (June 1) by the Singapore Exchange (SGX) and the financial literacy and investment training arm of the National Institute of Education, the Citi-NIE Financial Literacy Hub for Teachers.

The inaugural NIE-SGX Value Investing Symposium, as it is called, was held at the Lee Kong Chian Lecture Theatre at Nanyang Technological University.

Some 700 NIE-trained teachers attended, learning about things such as value investing and an income portfolio.

The aim is to hold the symposium annually.

This is an extension of the NIE-SGX partnership which was announced March 20 last year, which aims to raise financial literacy and investment knowledge among teachers.

Dr Koh Noi Keng, Chair of Citi-NIE Financial Literacy Hub for Teachers at NIE, said more than 600 educators had signed up last year for an eight-module course on managing personal finance and the feedback was encouraging.

Dr Koh added: "There are compelling reasons for financial education so that people learn how to save, invest and manage resources wisely.

"While we know we have to stay invested, we often lack the know-how and may not be well informed. So this seminar will hopefully pave the way for our educators to start on the journey of reading up and asking more about different choices available before making investment decisions."

rachaelb@sph.com.sg