21 July 2020

Survey shows that Singaporeans are ill-prepared for end of life and incapacitating events

Singaporean adults need to ensure they are much better prepared for end-of-life events and incapacity, says STEP, the worldwide association for those advising families across generations, after a survey of 495 people found only 28% have a finished will and, of those, a significant proportion feel it is not adequate or up-to-date.

A further 56% of respondents reported they had no will at all, while the remaining 16% said their will was currently under development. The survey also reveals that 39% have no delegations or directives in place should they become incapacitated, such as Lasting Powers of Attorney, and a huge 80% do not have life insurance. Read more HERE

 


 8 July 2020

Meet the Branch Committee for 2020-2021

We are pleased to introduce the newly elected Branch Committee for the STEP Singapore Branch. Read more about them HERE.

 


30 June 2020

STEP Singapore Committee 2020 - 2021

We are pleased to announce the STEP Singapore Committee 2020-2021 as elected
at our AGM on 30 June 2020:

 Chairman  Sim Bock Eng
 Vice Chairman  Choi Heng Yen Lionel    
 Treasurer  Goh Seow Chee
 Secretary  Serene Lim
 Ordinary Member  Angela Koh
 Ordinary Member  Ng Teck Wee Keith
 Ordinary Member  John Shoemaker
 Ordinary Member  Annette Sui
 Ordinary Member  Derek Too
 

 Welcome to STEP Singapore!

STEP Singapore was setup on 29 January 1997 as a Singapore Chapter of STEP and in October 2012 was converted to a STEP branch.

We are committed to the promotion and growth of the trust, estate and wealth industry in Singapore and the empowerment of our members through education and sharing of resources. Towards these objectives, we have regular interaction and communication with regulatory and governmental entities and hold regular courses and seminars conducted by experienced specialists.

STEP Singapore above all, is a platform to meet friends and colleagues across different disciplines, profession and experience, who share the objective of “Advising Families Across Generations”.

We welcome you to join us and our activities!

Ms. Sim Bock Eng - Chairman, STEP Singapore Committee 2019-2021

 


 24 June 2020

STEP Singapore AGM – Nominations for election to Committee 2020/2021

Dear Members,

At the close of the time to receive nominations for election to the Committee for the year 2020/2021, the following nominations for election for the posts of office bearers and members of the Committee were received by email (listed in alphabetical order by surname):-

No.
Person Nominated
(alphabetical by surname)
Proposer 
Seconder               
Position
(if any nominated for)     
1
Choi Heng Yen Lionel
Adrian Yeo Ek Tiang
Ng Teck Wee Keith
Vice-Chairman
2
Goh Seow Chee     
Sim Bock Eng       
Annette Sui    
Treasurer
3
Angela Koh 
Sim Bock Eng
Goh Seow Chee
Ordinary Member
4
Serene Lim
Sim Bock Eng
Choi Heng Yen Lionel
Secretary
5
Ng Teck Wee Keith
Rita Sharma
Tan Pui San Christine
Ordinary Member
6
John Shoemaker
Sim Bock Eng 
Derek Too
Ordinary Member
7
Sim Bock Eng
Goh Seow Chee
Annette Sui 
Chairman
8
Annette Sui
Sim Bock Eng
Goh Seow Chee
Ordinary Member
9
Derek Too
Sim Bock Eng
Goh Seow Chee
Ordinary Member
10
Valerie Wu
Derek Too
Chia Pui Yen
Ordinary Member

As there is 1 nominee for each of the Office Bearer positions and 5 nominees for the maximum of 5 Ordinary Committee member positions, no elections will be held at the AGM.

As set out in our Notice of AGM, a member may only vote by appointing the Chairman Ms Sim Bock Eng as the member’s proxy to vote at the meeting by depositing with the Society the attached Proxy Form.

The duly completed proxy form must be submitted by electronic mail to This email address is being protected from spambots. You need JavaScript enabled to view it. no later than 12.00pm on Monday, 29 June 2020.

Ms Chan Ee Lin
Secretary, Society of Trust & Estate Practitioners (Singapore Branch)
23 June 2020

 

8 June 2020 

STEP (SINGAPORE BRANCH)

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting of the members of STEP (Singapore Branch) (the “Society”) will be held by electronic means via live webcast on Zoom on Tuesday 30 June 2020 at 5:00 pm to transact the following business.

AGENDA

  1. ADOPTION OF MINUTES OF THE LAST AGM
    To receive, consider and, if thought fit, to adopt the Minutes of the Annual General Meeting held on 27th June 2019 attached as APPENDIX 1 (available to members only). 
  2.  
  3. UPDATE ON PAST AND UPCOMING ACTIVITIES OF THE SINGAPORE BRANCH
    Information on this is attached as APPENDIX 2 (available to members only).
  4.  
  5. FINANCIAL STATUS OF SOCIETY
    To receive, consider and, if thought fit, to adopt the audited accounts for the period from 1 April 2019 to 31 March 2020 attached as APPENDIX 3 (available to members only).
  6.  
  7. ELECTION OF OFFICE BEARERS
    To elect the office bearers of the Society for the forthcoming one-year period from the date of this AGM.
    Information relating to the nomination process is set out in APPENDIX 4A and a copy of the Nomination Form is attached as APPENDIX 4B. Please send your nomination forms by email to This email address is being protected from spambots. You need JavaScript enabled to view it. for the attention of Ms Chan Ee Lin, Secretary of STEP (Singapore Branch) no later than 5.00pm on Tuesday, 23 June 2020.
  8.  
  9. REAPPOINTMENT OF AUDITORS
    To re-appoint Tassure Asia LLP as auditors of the Society for a further 1-year term.
    Key information as to Tassure Asia LLP and their proposed terms of appointment is attached as APPENDIX 5 (available for members only).
  10.  
  11. STEP WORLDWIDE COUNCIL REPRESENTATIVE ELECTION POLICY FOR SINGAPORE & MALAYSIA BRANCHES
    Background and final election policy attached as APPENDIX 6 (available for members only).
  12.  
  13. ANY OTHER BUSINESS
    In accordance with Article 7.8 of the Association’s Constitution, “Any member who wishes to place an item on the agenda of a General Meeting may do so provided he gives notice to the Secretary one week before the meeting is due to be held.

    Should any member wish to place an item on the agenda, please notify the Secretary via electronic mail to This email address is being protected from spambots. You need JavaScript enabled to view it. no later than 5.00pm on Tuesday, 23 June 2020 so that the Committee may circulate your question(s)/business and its response to the same to members in advance of the AGM.

    Any member who wish to raise any questions, please refer to items 2 and 3 of the important notes below. Such questions must be sent via electronic mail to This email address is being protected from spambots. You need JavaScript enabled to view it. and must reach the Society no later than 5.00pm on Tuesday, 23 June 2020.

Chan Ee Lin,
Secretary, Society of Trust & Estate Practitioners (Singapore Branch)
(2019-2020)

 

IMPORTANT NOTES:
 
In light of the COVID-19 situation and pursuant to the relevant order under the COVID-19 (Temporary Measures) Act 2020, the following arrangements will be adopted for the Annual General Meeting:
  1. A member will not be able to attend the Annual General Meeting in person. A member may only attend the Annual General Meeting by observing and listening to the proceedings of the meeting by electronic means. Please RVSP your attendance HERE by 12.00pm on Monday, 29 June 2020 to receive a link and password to attend the virtual AGM. The details and procedure for your attendance (attached as APPENDIX 7 - available for members only).
  2. A member may submit questions to the Society via electronic mail to This email address is being protected from spambots. You need JavaScript enabled to view it.. The questions must reach the Society no later than 5.00pm on Tuesday, 23 June 2020.
  3. All substantial and relevant questions will be addressed by the Committee prior to, or at, the Annual General Meeting. Questions that concern a matter that will be put to a vote will be addressed by the Committee before the closing date for the lodgment of proxy forms. 
  4. A member may only vote by appointing the Chairman Ms Sim Bock Eng as the member’s proxy to vote at the meeting by depositing with the Society an instrument of appointment (also known as “the proxy form”). The Proxy Form will be made available to members from 24 June 2020 together with the announcement of the nomination results. The completed proxy form must be submitted by electronic mail to This email address is being protected from spambots. You need JavaScript enabled to view it. no later than 12.00pm on Monday, 29 June 2020.

Events Calendar

October 2020
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December 2020
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