You may have read the news about a victim who was cheated SGD24,900 by her insurance agent for a fake savings plan. 😥

According to the news, the insurance agent claimed that there is a savings plan available for "Absolute Assignment".

Fortunately the insurance company compensated the victim for her losses.

In this blog, we cover:
✅What is "Absolute Assignment"❓
✅What should you do when you were introduced or saw a savings plan that is available for "Absolute Assignment"❓
✅How can you minimise your chances of ending up with a fake savings plan❓

https://www.policywoke.com/post/what-you-should-do-when-buying-resale-savings-plan

Want to find out what are the various way to build and plan for it, i.e. building a passive income.

Depending on your age bracket, the Contribution and Allocation rates will differ to ensure that your other financial needs are also met.

The Basic Retirement Sum (BRS) for each cohort of 55-year old CPF members will be announced on the CPF website prior to help you prepare ahead of time. What can you do with your current savings in these accounts?

Take this time to run through your current CPF savings. Decide which CPF LIFE scheme plan would be best for you based on your funds and the lifestyle you want to have during retirement.

❓ Lost with all the terms and acronyms? Check out ST's quick-look glossary list here <bit.ly/3fSeaBV>

Retirement plan or ETF is better for people who have 10 more years before retiring?

How do you make your money work harder for you while still remaining protected? The infographic below shows you other types of life insurance that provides you with protection and helps you grow your money. Go on, tap on it to learn more! #growwiththeburrow!

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