MAS Disclosures

You can verify this representative's credentials on the MAS Financial Institutions Directory.

Financial advice provided through ConSol is restricted to the following product categories, corresponding to the adviser's MAS licensing modules:

• Life insurance products (term life, whole life, endowment, investment-linked policies): under Modules HI and M5
• Health insurance products (MediShield Life upgrades, Integrated Shield Plans, critical illness): under Modules M8 and M8A
• Collective Investment Schemes (CIS) (unit trusts, ETFs listed on SGX-ST, Singapore Government Securities, bonds): under Modules M9 and M9A

We do not provide advice on: equities, structured products, leveraged instruments, cryptocurrencies, real estate investment trusts (as standalone securities), or tax advice.

All recommendations are prepared in accordance with MAS Notice FAA-N16 (Know Your Client and Product Knowledge) and FAA-G17 (Balanced and Fair Financial Needs Analysis) guidelines.

We operate on a multi-tied basis. This means we may recommend products from multiple insurers and fund managers, and are not exclusively tied to any single principal. The range of products we may recommend includes (but is not limited to) products from:

• AIA Singapore, Prudential Singapore, Great Eastern Life, NTUC Income, Sun Life, FWD, Aviva, AXA, Manulife
• SGX-listed ETFs, MAS-authorised unit trusts from fund managers including BlackRock, Dimensional, Amundi, Nikko AM, Lion Global, Fullerton

The specific products recommended will depend on your individual financial needs, risk profile, and the outcome of a financial needs analysis conducted by your adviser.

Commission-based remuneration: Your adviser may receive commissions, trail fees, or other remuneration from product providers when you purchase insurance or investment products. The quantum of commission varies by product and provider.

This creates a potential conflict of interest: your adviser may be incentivised to recommend products that pay higher commissions over products that pay lower commissions, even if both are suitable for your needs.

We manage this conflict by:

• Conducting a Financial Needs Analysis (FNA) before any recommendation, anchored to your stated goals and risk profile: not to product availability or commission rates
• Documenting all recommendations in a Rationale Card that records the basis for each recommendation independently of the commission earned
• Providing you with a Product Summary Sheet for each recommended product, which includes the commission payable
• Maintaining an immutable audit log of all advice events, accessible to MAS upon request

All actual commission amounts will be disclosed to you in writing at the point of recommendation, as required by MAS Notice FAA-N06.

If you have a complaint about advice or service received through ConSol, you may:

1. Contact us directly: Submit a complaint through the ConSol app (Settings → Data Protection → Submit a Complaint) or email complaints@vasper.group. We will acknowledge within 14 business days.
2. Phillip Securities: Escalate to Phillip Securities (Pte) Ltd, 250 North Bridge Road, #06-00 Raffles City Tower, Singapore 179101.
3. Financial Industry Disputes Resolution Centre (FIDReC): If your complaint is unresolved after 30 days, you may refer it to FIDReC (36 Robinson Road, #15-01 City House, Singapore 068877). FIDReC provides free, independent dispute resolution for retail consumers.

ConSol's financial engines use published data from CPF Board, MAS, IRAS, HDB, MOH, LIA Singapore, and other regulatory authorities. All calculations are indicative only. They are not a guarantee of future returns, tax outcomes, or benefit entitlements.

Past performance data used in investment analysis is not indicative of future performance. All investment products carry risk. The value of investments may fall as well as rise.

ConSol does not hold client assets, execute trades, or provide custody services.

For personal data queries, access/correction requests, or withdrawal of consent, contact our Data Protection Officer (DPO) at dpo@vasper.group. We will respond within 30 calendar days as required by the Singapore Personal Data Protection Act 2012 (PDPA).