CPF Life

CPF Life vs ILP: a false choice?

Be wary of sales pitches that dangle high income but are not explicit on where risks lurk.
MIND THE GAP

Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully

MAS says it expects financial adviser representatives to "act honestly and in the interests of customers when providing financial advice".

‘Capital guaranteed’ label for investment-linked policies misleading: MAS, Life Insurance Association

Errant investment advice on CPF Life and ILPs could compromise retirement adequacy in the long run.
MONEY WISDOM

The retirement advice that worries me the most

Don't scoff at earning at least 2.5% per annum on CPF savings in an unpredictable world.
SENSE & CENTS

Think hard about embracing the new CPF life-cycle investment scheme 

Homeownership is often seen as a key pillar to ensuring financial adequacy for retirement.
SENSE & CENTS

Mind the costs of using CPF savings to buy a home

Senior Minister of State for Manpower Koh Poh Koon (second from left) said that, unlike rental income, CPF Life payouts are not taxable.

CPF Life gives monthly payout, much like rental income from property: Koh Poh Koon

A 64-year-old retiree said his existing card was cancelled when he tried to increase its credit limit for an overseas holiday.

DBS, OCBC and UOB to recognise CPF Life payouts as income in credit card applications