APS Asset Management founder and chief investment officer Wong Kok Hoi has strong views relating to the review of the CPF Investment Scheme.
The Manpower Ministry has undertaken the review and results are expected sometime next year. The CPF Advisory Panel earlier released its recommendations, which include a proposal for lifecycle funds under the Lifetime Retirement Investment Scheme (LRIS). The funds are likely to be passively managed to keep investment costs low.
Mr Wong believes it is important...
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