Singapore's newest consumer watchdog, The Financial Services Consumer Association (Fisca), has been started by ex-insurance chief Tan Kin Lian, an outspoken critic of structured investments. Fisca states that its mission is to promote financial education and protect consumers from unscrupulous practices in the financial services industry. It says it wants to raise the level of financial literacy among Singaporeans, and help consumers understand the various types of financial products and servi
