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Showing 1 - 8 of 8 results for "Central Provident Fund"

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... Financial Crisis the Singapore government did just that. "In Singapore, compulsory contributions into their Central Provident Fund (CPF) are 37%. Employees pay 20% and employers 17%," Dunnin said. "Singapore's CPF plays a central role in their economy ...

Aussie super funds increase world ranking

EMMA RAPAPORT  |  TUESDAY, 5 SEP 2017
... Security China $348,662 7 California Public Employees U.S. $306,633 8 Canada Pension Canada $235,790 9 Central Provident Fund Singapore $227,102 10 PFZW Netherlands $196,461 Australian funds included in the Willis Towers Watson Global 300 (US$ millions) ...

Singapore CPF tightens fee caps

ALEX DUNNIN  |  MONDAY, 20 OCT 2014
Singapore's Central Provident Fund (CFP) has imposed tighter caps on the fees product providers are permitted to charge members in the CPF Investment Scheme (CPFIS). The CPFIS is the section in the scheme where members with more than S$20,000 are allowed ...

Singapore lifts CPF rates

ALEX DUNNIN  |  WEDNESDAY, 26 FEB 2014
The Singapore government has announced that Central Provident Fund (CPF) contribution rates will next year climb for pre-retirees up to 35% while also establishing a $8 billion special purpose fund to pay for the health care needs of the Pioneer Generation. ...

Singapore mega-fund IC tender due

The Singapore Central Provident fund's board is calling for investment consultancy firms to tender for the service of providing consultancy under the CPF Investment Scheme (CPFIS). The mega-fund, which has more than $100 billion in member account balance ...

Interest rates not the only monetary policy lever

ALEX DUNNIN  |  WEDNESDAY, 28 NOV 2007
... also followed their lead in using contribution rates as a de facto monetary policy tool. The Singapore Central Provident Fund (CFP) is their A$100 billion national provident fund that helps Singaporeans save for retirement, to buy a home, for medical ...

Sg CPF increases min member limits

ALEX DUNNIN  |  TUESDAY, 10 JUL 2007
The A$96 billion Singapore Central Provident Fund (CPF) has increased the minimum sum (MS) that retirees must leave in the scheme to fund their pension. The new MS is now A$130,000, up 5 per cent, which the CPF said should be sufficient to ensure that ...

Singapore CPF contribs now 34.5 per cent

ALEX DUNNIN  |  THURSDAY, 22 FEB 2007
The Singapore Government has raised the contribution rates for the Singapore Central Provident Fund (CPF) by 1.5 per cent to near its maximum limit of 36 per cent of total wages. A statement released by the CPF said, "With the economy doing well, it ...
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