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Mission Statement

Provide easy to understand and practical information for Singaporeans to better manage their own financial planning needs through various programmes and financial education which in turn leads to action to achieve better financial well-being and preparedness for the future.

Founded in 2012, the Institute for Financial Literacy is a collaboration between MoneySense and Singapore Polytechnic International Pte Ltd with the goal of equipping Singaporeans with the necessary financial literacy skills.

Background information

Company Analysis

4 Main Core Pillars

Money Management

Insurance

Investing

Retirement Planning

Services provided..

2

Workshops

3

E-Learning Videos

1

Talks & Webinars

4

Personalised consultation

5

Financial tools

SWOT

Strengths

Knowledgeable and Experienced

The master trainers have years of experience and are well-versed in the topics taught.

Accessible contents

The contents provided are very accessible as it is free, available on several platforms and it provides both in-person training as well as online E-Learning videos. 

Unbiased 

The purpose of IFL's content is to guide individuals and does not provide any advertisements for other companies/products.

Reliable

Since IFL is a collaboration between MoneySense (Gov) and Singapore Polytechnic, this would result in a deeper trust between consumers.

Opportunities

Leverage more on social media 

Since IFL has online resources, it can leverage on social media to increase its online presence 

Creation of shorter contents

Currently, IFL has several types of content which includes E-Learning videos of 5 to 11 mins. To better serve individuals with short attention spans, IFL may consider producing shorter clips (1-2 minutes) as a more captivating educational resource.

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