Saving Smarter: DPS and FDR Explained

Saving regularly is one of the most reliable ways to build financial security. Two popular options are DPS and FDR.

DPS — Deposit Pension Scheme

With a DPS you deposit a fixed amount at regular intervals. Over the plan term your savings and returns add up, making it ideal for building a habit.

FDR — Fixed Deposit

An FDR lets you lock a lump sum for a fixed term in return for a predictable payout when the term ends.

Which Is Right for You?

Choose DPS if you prefer saving gradually from your income, and FDR if you have a lump sum you will not need for a while. Many people use both.