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COMMENTARY

High fees fleece CPF members of investment returns

Sales commissions, high management fees eat into CPF savings

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One of the recommendations from the CPF Advisory Panel in August 2016 was the dire need to review the CPF Investment Scheme (CPFIS). The scheme currently operates under a retail model.

Singapore

ONE of the recommendations from the CPF Advisory Panel in August 2016 was the dire need to review the CPF Investment Scheme (CPFIS). The scheme currently operates under a retail model.

As a consequence, CPF members do not enjoy the economies of scale afforded by...

sentifi.com

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