The earlier announced transition of MoneyOwl’s fund management business and insurance advisory businesses to iFAST Financial Pte Ltd (“iFAST”) is complete. As part of this business transfer, we have transferred to iFAST the personal data of investment and insurance clients, in line with the provisions of the Personal Data Protection Act 2012 (“PDPA”), as well as MoneyOwl’s Privacy Notice
MoneyOwl will continue to operate and provide other services, including its existing online Will-Writing Tool and Comprehensive Financial Planning service, but will pause the Comprehensive Financial Planning service temporarily on December 15, 2023, 6:00pm for a refresh (but edits of existing digital plans are still possible). There are also new services planned for our clients. Your personal data will continue to be retained by MoneyOwl to continue serving you as it transits to its new model of operations.
For more information on the transition, please see link to microsite. Your acknowledgement and acceptance of the content of this paragraph are part of MoneyOwl ‘s Terms of Use, Terms and Conditions and Privacy Policy.
Many of the activities we conduct online involve disclosing our personal data and financial information. MoneyOwl is committed to ensuring the security of your personal information and data.
This security policy provides guidance on safe online behavior and ways where you can minimize your computer from malware attacks.
YOU PLAY AN IMPORTANT ROLE IN PROTECTING YOUR COMPUTER AGAINST CYBER THREATS AND IN PROTECTING YOUR PERSONAL INFORMATION
10 Tips where you can protect your computer:
TIPS IN PROTECTING YOUR PERSONAL INFORMATION:
NOTIFIYING YOU OF DATA BREACHES
A notifiable data breach is a data breach that (a) results in, significant harm to an affected individual; or (b) is likely to be of a significant scale affecting 500 or more individuals. If we have reason to believe that a notifiable data breach has occurred, we will notify clients who are using our products and services of the occurrence of the data breach.
DISCLAIMER
We hope that the information provided is useful.
Please note that you are responsible for the security of your devices and personal information. We will not be liable for any damages, loss or expenses including without limitation to direct, indirect, special, consequential or punitive damages, economic loss, loss of profits, loss of opportunity, loss of business or goodwill in as a result of your failure to observe this security policy or your negligence or fault.
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MoneyOwl to wind down all commercial activities
MoneyOwl is winding down its financial advisory business and all commercial activities will cease by December 31, 2023.
For more information, please visit our microsite here.
MoneyOwl to be acquired by Temasek Trust
MoneyOwl announced on November 28, 2023, that Temasek Trust has signed an Expression of Interest to acquire MoneyOwl and re-purpose it under a new model.
For more information, please visit our microsite here.