Supplementary Retirement Scheme (SRS)

The Supplementary Retirement Scheme (SRS) was established on 1st April 2001, to complement our Central Provident Fund (CPF) savings. While our CPF savings are often used for housing, education and medical payments, SRS is a tax-incentivised, voluntary form of savings strictly meant for retirement. SRS is open to all Singaporeans, Singapore Permanent Residents (SPRs) and… Read More

Mas Calls For Clarity Over Charges For Investment Linked Policies – International Adviser

Investment-linked policies(ILPs) are insurance policies that are linked to investments such as unit trust. One of the main advantages of such policies is the returns on the policies is dependent on the funds it invested and the market outlook rather than the performance of the insurance company. One of the main disadvantages is the under-lying… Read More

Fiscal Cliff

One of the most famous cliff must be ‘The Red Cliff”. It was made famous by Zhuge Liang, Zhou Yu & Cao Cao where the latters army was defeated by  Zhuge Liang & Zhou Yu’s combined forces that were grossly under strength. That happened in the Three Kingdom Period. More than Two thousand years later, the next most often mentioned cliff… Read More

A simple saving plan

I saw this interesting idea yet simple idea to start a saving plan. It is easily achievable and for those who feel the initial plan is too small to start, you can always start the plan with $10, $100 or even $1,000 whichever is comfortable for you. Please share around if you think it is… Read More