Plan with digibank

At a GlanceWhen it comes to personal finances, many individuals have the tendency to think that their money eventually "has a way of working itself out".To that we say, why leave your finances to chance, when you can leave it to POSB? Here's what you get when you plan with us.

Understand Your Money Better
Consolidate your finances, set goals & plan towards building emergency savings, basic insurance coverage & investing 50% of your networth.

Get Personalised Advice & Solutions
Identify gaps & boost your finances with custom tips and hand-picked investments & insurance to suit your changing needs.

Level up Your Financial Smarts
Get personalised ideas, market updates & insights from our CIO. Expand your financial acumen with articles, events & expert-led seminars.

Plan with POSB Plan with DBS

Find Your FocusPersonal Finance is truly personal. Whether you are a savvy saver, investment guru or retirement dreamer, pick your financial focus and your dashboard will be customised to help you plan towards your goals!

Be Financially PreparedHere at POSB, we have a saying when it comes to your personal finances: Before you set sail on your financial journey, know what boat you've built for yourself. Be confident that your boat can survive any storm, and keep up to date with the winds of change.Three tips to be financially prepared:

1. Understand your finances and income streams

Consolidate all your money—from your cash savings, to your funds in government accounts like CPF, investments in your CDP account and even savings and insurance from outside of DBS in your digibank—for a one-stop view. You can do so by manually entering your financial details, or by simply connecting digibank with Singpass via SGFindex.

1. Access CIO Insights & Market Updates Weekly

Gain access to our weekly coverage on the latest financial news that impact your investments, with insights and ideas on what you can do from our Chief Investment Office in the Invest tab. What’s more, we’ve curated our content to simplify and make sense of market developments, so whether you are a new or seasoned investor—investing and financial planning will be easier for you.

Understand Your MoneyThe key to starting or growing your savings is to first have a well-planned budget. One that tells you how much you can spend each month, and more importantly—how much you can save. Once you’re able to consistently put money aside for your savings, the next step is to know how much to save.

1. Get a consolidated view of your finances

First, get a comprehensive view of your funds, even those outside of DBS, in one place. You can manually input your details into digibank or connect effortlessly with Singpass as part of SGFinDex.

Think of insurance as a hedge to protect yourself from any potential loss to your finances. Besides, every boat shouldn’t leave the harbour without a lifeboat.

1. Consolidate and view all your insurance policies & coverage

First things first, check yourself. Are your insurance needs properly met? To find out, simply link your insurance plans to digibank and never lose sight of your coverage again. We will do all the heavy lifting and pull all your policy details, funds, and projected future policy value.

POSBDBS

When it comes to your investments, you should never leave them to self-proclaimed "gurus". Leave it to us, but know your own risk levels - something you can find out with a quick assessment you can take on digibank.

1. Sync your investments to see them in one place

Be sure to consolidate your investments to check that you are on track towards investing 50% of your net worth. If you're not, we will nudge you with investment ideas to help you get there.

Invest with confidence today. Click here to Plan with POSB or DBS.

Did you know most Singaporeans have made some preparation for retirement—be it in CPF, savings, property, investments, insurance or retirement payouts? With that said, only 43% are confident that they are adequately prepared for retirement.Here’s how you can ensure you’re fully-prepared for retirement:

1. Set a retirement goal

Get onboarded automatically and review your retirement goals to get started.

Frequently Asked Questions

How is my retirement projection calculated?

We've made some assumptions when building the calculator, and you can read all about it here. The results presented may not be an actual reflection of the growth of your holdings, but as you finetune your information, the accuracy increases.

How is my CPF projection calculated?

Your CPF projection is calculated based on various assumptions and information obtained from sources believed to be reliable, which are subject to change at any time without notice, which you can read about here.

When does data get updated?

All banks' and insurers' financial information shared is as of the previous month-end or previous monthly statement balance, where applicable.

CPF and HDB information is latest as at the day you connect or refresh.

Your information is updated only when you tap on the 'SYNC' button within the Plan tab on DBS/POSB digibank.

Found in Net Worth, Insurance, Save and Plan Settings.

Can I use the Plan tab on DBS/POSB digibank to manage my accounts in other financial institutions?

No, you'll only be able to view your information from banks, Insurers, CPF, HDB and IRAS. You won't be able to perform any transactions.

How long does the consent for linkage of accounts last?

The consent period lasts 1 year (365 days), starting from the day you successfully link your first financial institution. From 6 Nov 2023, the consent period will be automatically extended for 1 year, every time you sync your data with any financial institutions*. For example, if you provide consent on 7 Nov 2023 for Bank A and B to release your information and subsequently sync your data for bank B only on 1 Dec 2023, consent for both banks will last till 30 Nov 2024 instead of 6 Nov 2024.

The SGFinDex T&Cs governing will be revised in accordance with this change from 6 Nov 2023. Refer to full T&Cs here.

If you change your mind about having your accounts linked, you can revoke consent for any bank at any time.

How will my information be shared, and will my DBS financial information be shared with other financial institution automatically?

Information will only be shared through SGFinDex after you provide your consent to link your participating financial institution with SGFinDex and also request for information retrieval of the linked accounts through financial planning applications/websites such as the Plan on DBS/POSB digibank.

Your information can only be retrieved upon your instruction to do so. When you retrieve your information from other financial institution through the Plan tab on DBS/POSB digibank, your DBS financial information will NOT be automatically shared with other institution in return.

SGFinDex does not store or have access to your financial information.

Can I refresh my data more often?

You can refresh your data by clicking on the 'SYNC' button found through the Plan tab on DBS/POSB digibank or the 'Link or unlink accounts' button from the Plan Settings page.

I identified as Accredited Investor (AI) with Bank A, but not with Bank B and Bank C. Can I retrieve my personal financial data through SGFinDex?

Yes, you can retrieve personal financial data kept with Bank B and Bank C through SGFinDex, but not with Bank A. As you are identified as an AI in Bank A, Bank A will not be providing your data (including accounts where you are a joint account holder) through SGFinDex. As a result, your data with Bank A cannot be retrieved.

Nevertheless, you can still use Bank A, B or C financial planning applications/ websites to retrieve and consolidate data from both Bank B and Bank C, in addition to your MyInfo data.