In 2016, say goodbye to the “CPF Minimum Sum”. And say hello to “Retirement Sum”. I can just imagine how the CPF Advisory Panel started their discussion. “Okay, ladies and gentlemen, from now on, ...

The Insurance Regulatory and Development Authority, Irda, announced new product regulations for life insurance policies in April this year. According to the regulations, the minimum sum assured or the ...

SIGNIFICANT changes are in store for Singapore's Central Provident Fund (CPF) to allow people with higher lifestyle needs to receive bigger payouts from their pensions, while giving the flexibility to ...

From July this year, Central Provident Fund (CPF) members will need to set aside more money in their Retirement Account. The CPF minimum sum will be raised to $131,000, up from $123,000. This will ...

When you buy a life insurance policy, the most important aspect is choosing the sum assured. Sum assured is the amount that your beneficiary will get if you die during the policy term. Therefore, ...

SINGAPORE — Singaporeans who are unable to meet the Medisave Minimum Sum — which stands at S$43,500 — will soon not need to top up their accounts before being able to withdraw Central Provident Fund ...

SINGAPORE: The percentage of active CPF members who meet their Minimum Sum at age 55 has been improving over the years, from 36 per cent in 2007 to 45 per cent in 2011. Speaking in Parliament, Deputy ...

From July 1 this year, CPF members who turn 55 between 1 July 2013 and 30 June 2014 will need to set aside a minimum sum of S$148,000 in their Retirement Account. The minimum sum for those who turned ...