For savers with at least S$10,000 looking for an option that will give you at least 1.2% p.a. guaranteed returns for the next few years, which will serve you better - your bank account, fixed deposits, SSB, or short-term endowment plans? With inflation creeping up on us, the current situation isn't looking very pretty for savers. What's worse is that savers who continue to leave their savings aside to earn paltry interest will soon find the value of their dollars eroding faster than before.

But if you're not inclined to invest (or have a sum of money that you're unwilling to invest for now because you need it in a few years time), there are still options available.

While some have opted to invest their money instead for higher returns, the volatile investment climate right makes it harder to have the certainty that your money will...