CPF & SRS
I received a few letters from my insurers to inform me that they have been included under the Policy Owners’ Protection Scheme (PPF Scheme). This scheme is administered by Singapore Deposit Insurance Corporation (SDIC), a company that is created by the Government of Singapore to look after small depositors and policy owners’ interests. The other [...]
This list is updated as of 23 Jan 11. Latest update you can check on SGX website. Most importantly, check with your broker when you intend to use CPF to buy shares.
A-SONIC AEROSPACE LIMITED
AA GROUP HOLDINGS LTD.
ABF SPORE BOND INDEX FUND ETF
ABR HOLDINGS LIMITED
ACTION ASIA LIMITED
ADDVALUE TECHNOLOGIES LTD
ADROIT INNOVATIONS LIMITED
This is the table that shows what you can invest in with your CPF Ordinary and Special Account:
**Investible savings is the sum of your Ordinary Account balance and the amount of CPF which you have withdrawn for investment and education.
* Investment-linked Insurance Products: See CPFIS approved insurance products
* Unit Trusts: See CPFIS approved unit trusts
Supplementary Retirement Scheme (SRS) is a retirement financial planning tool to augment the Central Provident Funds (CPF). The main difference is that the former is voluntary while the latter is compulsory. SRS was introduced in 2001 by the Singapore Government as a measure to deal with the increased financial needs of aging population.
Why you [...]
Found this article from The Straits Times dated 13th Feb 08, regarding CPF Life (the new compulsory annuity scheme first proposed during National Day Rally Speech 2007). The information will be useful for all Singaporeans and hence, posted here for your convenience:
Workers aged 50 and younger who pay CPF will come under the new annuities [...]