Regular Shares Savings Plans (RSS)
Asked by Anonymous
Asked on 10 Jun 2019
Does anyone know anything about UOB's RISP and how it compares to DBS's Invest-Saver? UOB requires a minimum initial lump sum investment of $1,000 - is there such a requirement for DBS? Also, is it possible to halt monthly contributions to the DBS/UOB plan and resume contributions after a while or will there be penalties for failure to do so (e.g. service fee or the like)?
no min. $1000 for DBS. yes, generally can pause and stop investing without penalties.
In general i feel UOB's RISP not as strong as DBS and OCBC
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