Articles
Are you ready for the year-end shopping spree? A Financial Checklist!
As the year comes to a close, we are bombarded by 11.11, 12.12, Black Friday and Cyber Monday deals. We see them all over the Internet, via mobile notifications or even decals splashed across the MRT stations, there is no running away that the advertisers are out for...
Optimising Your CPF with a Personal Touch (Pt. 1)
The 2019 Melbourne Mercer Global Pension Index which was published in October 2019 scored Singapore’s pension system (proxied by the CPF) a B, the highest rating accorded to an Asian country. The B score was also given to Scandinavian countries like Finland, Norway,...
12th November CIO Letter
Dear Client, From CEO/CIO: Happiness on 28th October, SRS tax savings and other musings Does what happen in the stock market every day make you happy or sad? If so, every year, you should be happiest on the 28th of October. Because 28th October is historically the...
Retirement Sum Scheme payouts pays up to age 90 instead of age 95 now
From next year, CPF members who are receiving payouts or will start to receive payouts under the Retirement Sum Scheme (RSS) may see an increase in their payout amount of up to $50. As part of the change, all extra interest earned from age 55 till start of payouts...
Does my child need insurance?
Every parent knows the importance of childhood vaccination. We took BCG and MMR according to the immunisation schedule without questioning what the vaccines are for. Unlike vaccination, the topic of child insurance has often been deprioritised and whenever it is...
11th October CIO Letter
Dear Client, FROM CEO/CIO: WHERE CAN I FIND ALPHA? Where I went to university, my essay grades were given in letters of the Greek alphabet: alpha (α), beta (β) and gamma (γ) and combinations of them – including esoteric ones like beta-alpha-minus-question mark-minus...
All You Need To Know About SRS
If you are planning for your retirement and haven’t heard about the Supplementary Retirement Scheme (SRS), you might be losing out! What is Supplementary Retirement Scheme (SRS)? SRS is a voluntary scheme to encourage individuals to save for retirement, over and above...
Which Retirement Income Plan is right for you?
Retirement income insurance plans have been gaining popularity among Singaporeans when it comes to retirement planning. They help us diversify our retirement portfolio, encourage a disciplined savings habit and provide monthly guaranteed payouts during our golden...
How Much Do I Need To Retire In Singapore And How Do I Build My Retirement Income Stream?
If you have ever tried to figure out how much you need to have to retire in Singapore, you’ve most likely been confounded by one of the most basic yet most difficult question to answer – how much monthly income do you need during your retirement? This requires one to...
MoneyOwl: A Joint Venture of a Common Heartbeat
A year ago today, 18 September 2018, the Joint Venture agreements between NTUC Enterprise and Providend that formed MoneyOwl were signed. At that time, it was a small, private event. We couldn’t even post it on our personal FaceBook pages, because we hadn’t yet gone...
11th September CIO Letter
Dear Client, From CEO/CIO’s Desk: Spoiler Alert! This year, there have been quite a number of grand finale episodes to blockbuster movies and TV series, as well as a few major football matches. Nothing beats the experience of watching Avengers: Endgame, the last...
How Should Investors Respond To Trade Wars?
Many years ago, a foreigner made a joke about our army in front of me. He said our army is like boy scouts, only good for marching during National Day Parade because unlike other armies, we have never experience going into wars. Of course, being still an NSman, I was...
