Making financial plans that integrate CPF

New firm MoneyOwl aims to offer investment advice that includes integrating national schemes

Singaporeans are not planning well because they are being sold on products and often on fear, rather than receiving holistic and impartial advice, says MoneyOwl's chief executive Chuin Ting Weber.
Singaporeans are not planning well because they are being sold on products and often on fear, rather than receiving holistic and impartial advice, says MoneyOwl's chief executive Chuin Ting Weber.ST PHOTO: JEREMY KWAN

New financial advisory firm MoneyOwl, as its name suggests, wants to help Singaporeans make wise financial decisions that include integrating schemes such as the Central Provident Fund (CPF).

The firm's strategy is to manage a client's expenditure, debt and savings while protecting investment plans using inexpensive health and term insurance. It will also target low-cost funds not calibrated to market timing.

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A version of this article appeared in the print edition of The Sunday Times on November 04, 2018, with the headline 'Making financial plans that integrate CPF'. Subscribe