Is CPF’s new life-cycle investment scheme for everyone?
Chuin Ting Weber, CEO and CIO of MoneyOwl believes it “should not be the foundational solution for retirement security, and it is not for everyone”. It does advance a “middle-ground, signposted, DIY-investing model” and will likely set a benchmark in low costs, but it is “neither risk-free nor guaranteed to beat the OA and SA […]
What the new voluntary CPF life-cycle investment scheme means for you.
Singapore’s new voluntary CPF life-cycle investment scheme, set to launch in 2028, offers members a structured way to invest their CPF savings with an automatic glide-path that reduces risk as retirement nears. Li Huijing, Head of Investment Management at MoneyOwl, mentioned that the simplified set of options under the new scheme will be useful for members who wish to take some market risk, but lack the time […]
理财锦囊：门槛调低风险依然高 小额投资也有大学问
Li Huijing, Head of Partnerships & Investments, notes that while fractional shares offer greater accessibility and flexibility, investors should be aware of several risks. These include higher transaction costs, lower liquidity, potentially less favourable execution prices, limited shareholder privileges, and the risk of insufficient diversification when investments are concentrated in one or two stocks. She also weighs the pros and cons of regular investment schemes versus […]
公积金明年起六项调整 助会员累积更多存款
Daphne Lye, Senior Solutions Lead of MoneyOwl, pointed out that the Central Provident Fund (CPF) is the cornerstone of Singapore’s retirement planning. The CPF-related adjustments that will take effect next year can help Singaporeans increase their retirement savings.
理财锦囊：年末个人理财 用KonMari断舍离
Daphne Lye, Financial Planning Lead at MoneyOwl, said that when evaluating existing insurance plans, one should consider whether adjustments are necessary based on the new environment and life goals. The important thing is to ensure that one and one’s family do not pay excessive premiums but receive adequate protection. She provides the following basic insurance guidelines: […]
三个月内近12万人使用公积金局新线上财务规划工具
Chuin Ting Weber, CEO and CIO of MoneyOwl, encouraged early retirement planning and CPF top-ups. The earlier you start retirement planning, the better. She suggested that the public start by understanding their existing CPF savings and setting a target monthly income for retirement. They should also set a certain amount to invest or top up their […]
理财锦囊：投资联结保单“迎新红利”诱人 实非“免费午餐”购买前须三思
Chuin Ting Weber, CEO and CIO of MoneyOwl, said in an interview: “In addition to insurance companies, investment platforms and banks also offer account opening bonuses, but ILPs offer larger bonuses and longer lock-in periods.” ILP products typically have a lock-in period, also known as the Minimum Investment Period (MIP), which is usually 10 years or […]
IN FOCUS: Is ChatGPT better than a financial adviser? I put it to the test
Chuin Ting Weber, CEO and CIO of MoneyOwl, said one of generative AI’s strengths lies in sifting through vast amounts of data and calculations to quickly churn out research. Added to that is the ability to convey findings in a human-like manner, including asking follow-up questions. This can make the process feel like it’s what a […]
理财锦囊：退休后办信用卡 如何省心不烧钱?
Chuin Ting Weber, CEO & CIO of MoneyOwl, a financial advisory company under Temasek Trust, predicts that the number of retirees who meet the income threshold for credit card application based on CPF lifetime income may not be large. Most people who are eligible and have credit cards before retirement are likely to renew their […]
‘Good debt’ may exist in theory, but it’s a different matter in reality
Daphne Lye, Financial Planning Lead at MoneyOwl, shared that total debt servicing ratio should ideally stay below 35% of take-home pay, and non-housing loan repayments under 15%. While housing loans may be “good debt” due to low interest rates and asset appreciation, she cautioned against sacrificing liquidity. For those facing overwhelming unsecured debt, she recommended […]
