Shadow Banking in Singapore

Is it for real? I discussed this with the plainscapital bank customer service, and they seemed to have no knowledge of any such developments. It’s surprising to hear about the potential benefits of contributing to a TSP, especially when my current bank contacts weren’t aware of it. I’m wondering if there might be some confusion or if this is something that hasn’t been widely communicated. It might be worth following up with other financial advisors or institutions to get a clearer picture and ensure that I’m getting accurate information about these tax benefits and retirement plan options.
Most Banking Officers know very little about technical details
 
If Yen appreciates another 5-10%, one of these high-yield finance platforms will go bust.
 
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