Singapore Exchange and SIAS Bring Investing Knowledge to the Heartlands
Faced with rising inflation and increasing life expectancy, obtaining a proper financial education to secure a decent retirement life is becoming ever more important for Singaporeans.
Recognising this, Securities Investors Association (Singapore) (SIAS) and Singapore Exchange had inked an Memorandum of Understanding (MOU) to formalise their commitment to bring investing knowledge to the heartlands for the next 3 years.
The highlight of this cooperation is the Community Outreach Education Programme which includes various investment seminars conducted in the heartlands jointly by SGX and SIAS. These seminars range from the basics of financial literacy, such as managing your money to courses on the basics of investing, like details on stocks and dividends.
The programme will be customised according to the needs of the community.
Another highlight is the Youth Chapter in which SGX and SIAS will cooperate with tertiary educational institutions to equip young investors with basic knowledge of SGX-listed stocks and investing.
Kick starting this cooperation is the inaugural Singapore Investment Week 2012, starting from 25th to 31st August 2012, launched by SIAS.
This year theme will be “Securing One’s Financial Future,” which aims to educate Singaporeans on investment concepts and associated risks. Members of the public can learn more about investing through a series of investment seminars, online videos and radio programmes.
“As we go through turbulent times with an uncertain economic outlook, it is even more important that Singapore investors are equipped with the knowledge to cope with the fast changing investment landscape and to make sound investment decisions for their secure future. The collaboration with SGX is, therefore, timely and meaningful to the community. SIAS looks forward to working closely with SGX to roll out a series of investor education programmes to benefit different community groups,” said Mr David Gerald, President & CEO at SIAS.
The above initiatives build on SGX’s recently launched ‘My Gateway’ investor education and complement the 200 investor education seminars and courses organised by SGX Academy over the last year.