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Showing results for tags 'cpf money'.
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Parked some in unit trusts ard 3 years back but find the returns quite CMI - average onli ard 3%. Juz curious if any bros got good tips on what to invest in wif ur surplus SRS funds?
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SINGAPORE'S Central Provident Fund (CPF) system ranks top among similar social security systems in Asian countries, but it is Denmark's well-funded pension system which has emerged the best globally. The 2014 Mercer Melbourne Global Pension Index identified Singapore's CPF is a "sound structure, with many good features, but has some areas for improvement that differentiates it from an A-grade system". The Singapore retirement system continues to score a grade of B, but is expected to be upgraded once shortcomings are addressed, said Neil Narale, Mercer's Asean Retirement Business Leader. "The lack of tax-approved group corporate retirement plans and retirement savings for non-residents continues to isolate Singapore from other highly-graded countries on the global scale," he said. http://www.globalpensionindex.com/country-summaries-2/singapore/ http://www.businesstimes.com.sg/government-economy/singapores-cpf-system-ranked-top-in-asia-denmarks-system-leads-globally-mercer
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Dear All My dad last time had used his cpf to buy Sbs transit share using cpf only. The previlige is that he is able to buy the bus stamp which he likes.. Ill fate has fallen upon him and now he is literally deaf in both ears.... cause of that he cant really hold permanent job and he is due to get his money from cpf which is not that much soon...now he wants to sell half of it and i have been calling cpf... and up to now i was asked to call here n there... may i know if any1 here has any contacts or know how to sell...but he wants to sell only half cause he still wanna keep some so he can still buy the bus stamp.... will they still allow him to buy if he sells half of his share