Investment and Savings

In the event of death of the account holder, the following documents will have to be provided to us by the administrator or executor.
Deceased has no will

  • Letter of administration, death certificate and NRIC of the administrator.

Deceased has a will

  • Grant of probate, death certificate and NRIC of the executor.

These documents will be submitted to our custodian and the deceased personal investment account will turn into the estate account of the deceased.

Our custodian will then take the instruction of the administrator or the executor. The proceeds from the estate account of the deceased can only be redeem into the estate bank account. Alternatively, the administrator or executor can choose to create their own personal investment account and transfer the estate investment account holdings into the new investment account.

Can't find what you are looking for?

Leave a message with your question and we’ll get back to you!

MoneyOwl to Wind Down Financial Advisory Business by End-2023

MoneyOwl announced on August 31, 2023, that it is winding down its financial advisory business and that all commercial activities will cease by December 31, 2023.

For more information, please visit our microsite here.