MAS and MoneySense in collaboration with the CPF Board as well as finance industry associations launched the “Basic Financial Planning Guide” in October 2023 to help Singaporeans take steps to enhance their financial well-being.
The Monetary Authority of Singapore (MAS) is seeking feedback from the public regarding the proposals to reduce the amount of information collected by financial institutions from their clients for selected insurance policies.
The proposals will enable consumers to meet their protection needs more easily through the purchase of simple and cost-effective insurance policies.
