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ExpatSingapore Message Board 23 May 2018, 17:34:38 PM *
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Author Topic: IFS - beware of the sales tactics of this IFA outfit  (Read 33325 times)
Abused
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« Reply #30 on: 30 April 2015, 17:30:03 PM »
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International Financial Services Singapore is Full of SHIT, never do any investment
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Abused
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« Reply #31 on: 30 April 2015, 17:31:05 PM »
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IFS Singapore never invest with them
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Canton Asey
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« Reply #32 on: 09 May 2015, 14:25:07 PM »
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Oh well, if all else fails, you can always try Anton Casey. Anyone who can score a hot SPG like that must have a big (ahem!) wallet.
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BrownieNosed
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« Reply #33 on: 11 May 2015, 6:01:03 AM »
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True DAT!
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High Fees
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« Reply #34 on: 12 May 2015, 13:41:13 PM »
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I'm surprised they are still operating.  A lot of their staff seem to have left and they are now charging such high fees that their clients left with them.
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Scared Investor
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« Reply #35 on: 19 May 2015, 19:25:54 PM »
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International Financial Services Singapore is Full of SHIT, never do any investment

Abused, why did you post this?  Do you have personal experience that you can share?
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Browserman
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« Reply #36 on: 29 August 2017, 12:28:03 PM »
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So guess what. IFS used to recommend products/bonds from Brandeaux (now bust), and the latest is the spectacular fall of Provident Financial which was a core platform and investment provider of IFS. Proves that IFS are nothing but a scam.
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Update
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« Reply #37 on: 16 March 2018, 19:20:16 PM »
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The guy in the video, Steve Young is being investigated by MAS according to an email received from IFS a few days ago..
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Update
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« Reply #38 on: 17 March 2018, 16:28:18 PM »
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The guy in the video Steve Young of IFS Singapore has been suspended from all financial advisory activities.  Saw this notification from the firm.

Dear Client / Business Partner,

The Monetary Authority of Singapore (“MAS”) and iFS require all licensed individuals to act with integrity and honesty which provide clients with a Fair Dealing outcome. Allegedly, Mr Young had not adhered to this requirement and an internal investigation is in progress and until this is complete, Mr Young has been suspended from all Financial Advisory activities. A further update will be provided when the investigation is complete which we anticipate will be on or around 31 March 2018.
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Browserman
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« Reply #39 on: 16 May 2018, 3:35:52 AM »
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Great news. Maybe I will send MAS a copy of my complaint to them in 2013 to refresh their memory. Shocked it took them over 5 years to act. Anyone else have any ideas to amplify the volume on this?
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