Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
FUND WATCH
CPFIS changes that matter for the better
Sales charges to be capped, then removed a year later; cap on wrap fees to be cut to 0.7%, then to 0.4% next year
THE recent announcement of the the reduction in CPF Investment Scheme (CPFIS) charges is a positive development. Sales charges will be capped at 1.5 per cent from October this year, and removed entirely a year later. The cap on wrap fees (an annual fee paid to financial advisers) will be reduced
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
