Consumer Alerts - February 2008:

Bridal Shops Closure (Published in C@sebites Issue 113, 5 February 2008)

Thinking of investing your CPF based on promises of quick and attractive returns?

We urge you to think not once, but twice!

Often, we hear many schemes offering attractive returns upon investing your CPF savings. But how true are these schemes?

We would like to remind all consumers to exercise caution when investing your CPF savings. If a deal sounds too good to be true, it probably is.

In addition, bear in mind that your CPF savings are for your old age needs. Hence, you should invest your CPF with a view to growing your nest egg instead of taking risky decisions to earn a quick profit or receive gifts. Refer to the following for more information here.