Central Provident Fund (CPF)

Two charged for attempt to defraud CPF - THE EDGE SINGAPORE

Company in the news

Two charged for attempt to defraud CPF

Chen Zhihao Samuel is accused of withdrawing funds from his CPF Ordinary Account by artificially incurring trading losses.
CPFIS-included funds post average positive returns of 10.22% in 4Q20: Refinitiv Lipper - THE EDGE SINGAPORE

Funds

CPFIS-included funds post average positive returns of 10.22% in 4Q20: Refinitiv Lipper

CPFIS-included unit trusts and ILPs grew 11.06% and 9.68% respectively.
Setting your financial goals for 2021 - THE EDGE SINGAPORE

Financially Savvy

Setting your financial goals for 2021

With 2020 behind us and a brand new year ahead, there is no better time than now to set your financial goals for the new year.
CPF top-ups increase 34% in first three quarters of 2020 - THE EDGE SINGAPORE

Financially Savvy

CPF top-ups increase 34% in first three quarters of 2020

The number of first-time toppers below 35 years old grew over 70% y-o-y.

Financially Savvy

CPF members under the Dependants' Protection Scheme to enjoy higher sum assured, increased coverage

The maximum age of coverage will be increased to cover members up to 65 years old at a lower sum assured of $55,000.

Funds

CPF Investment Scheme funds post average negative returns of 12.96% in 1Q20: Refinitiv Lipper

The overall performance of all Central Provident Fund Investment Scheme (CPFIS)-included funds slumped 12.96% on average in 1Q20 ended March, says Refinitiv’s Lipper on Tuesday.

Banking & finance

Broking a viable market

UOB Kay Hian has been involved in at least half of the Singapore IPOs. Choo points out that such a phenomenon is not new at all, and certainly not due to a new worry such as the Covid-19 outbreak.

In print this week

Mind the gig gap

SINGAPORE (July 29): In a Telegram group chat for Deliveroo riders, a member took a screenshot of his earnings generated through the food delivery platform. The screenshot shows that he makes more than $4,000 a month, similar to what many executives woul

Ageing

CPF not enough: How will elderly Singaporeans find the $1,379 a month needed to thrive?

SINGAPORE (June 14): Researchers in Singapore have determined that an elderly person living alone would need $1,379 every month to maintain a basic standard of living. But, how will they — and the rest of the ageing population — pay for it?

Ageing

Get ready to support older Singaporeans, one way or another

SINGAPORE (June 17): Researchers in Singapore have determined that $1,379, down to the dollar, is what an elderly person living alone would need every month to thrive in today’s Singapore. The sum covers an annual $500 holiday, budgets for one restauran
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