CPF Investment Scheme (CPFIS)

The outcome of the application will be known by the end of next week.

Chen Zhihao Samuel is accused of withdrawing funds from his CPF Ordinary Account by artificially incurring trading losses.

The proposed Lifetime Retirement Investment Scheme is a simple, low-cost alternative for Central Provident Fund members to grow their savings. But will it cause unit trust funds offered under CPFIS to lose their relevance?

SINGAPORE (Aug 22): After years of getting burnt by volatile markets, Central Provident Fund investors are finally being offered a simple and cost-effective national investment scheme.