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Labour Movement's Quick Guide to CPF Changes

The CPF Advisory Panel has submitted Part Two of its report to the Government, and the Government has accepted the recommendations by the Panel for an additional CPF payout option and a new simple, low-fee investment scheme.
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03 Aug 2016
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Model ID: 266dd056-d903-4b62-9b2d-3efcf0d54664 Sitecore Context Id: 266dd056-d903-4b62-9b2d-3efcf0d54664;

The CPF Advisory Panel has submitted Part Two of its report to the Government, and the Government has accepted the recommendations by the Panel for an additional CPF payout option and a new simple, low-fee investment scheme.

The Labour Movement is happy that the accepted recommendations are in line with our call to provide members with more options and flexibility in managing their CPF savings to better meet individuals’ retirement needs. We also urge the Government to ensure that proper public education and advisory services are made available to all so that members can make informed choices which best meet their needs.

See image (below) for the new options. For more details, please visit the CPF Advisory Panel.