MoneyOwl is currently in transition to ownership by Temasek Trust.
Once completed, MoneyOwl will serve communities of everyday Singaporeans through a repurposed model, through the provision of financial education, solutions and advice. More details will be announced later.
Meanwhile, MoneyOwl continues to provide online educational content, a free digital Will-Writing service and conduct Corporate Financial Wellness programmes on a case-by-case basis.
Please see our press release here.
What does it mean for you?
The proposed acquisition will not impact the transition of MoneyOwl’s investment and insurance businesses to iFAST, which has since been completed.
MoneyOwl will no longer be disabling its website and mobile application as previously envisaged. The free digital Will-Writing service will remain available, while the Comprehensive Financial Planning service will be paused from December 16, 2023 and onwards for a refresh.
On a case-by-case basis, MoneyOwl will continue to conduct Corporate Financial Wellness programmes with companies and unions.
MoneyOwl will also continue to provide educational content on its website and social media platforms.
For further queries, kindly refer to the list of frequently asked questions below. We also remain available to address your queries here.
FREQUENTLY ASKED QUESTIONS
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