30 Jul '14, 4am

The SDP in Parliament will push for the following measures to be enacted: 1. Abolish the Minimum Sum Scheme and...

There has been much debate in recent weeks over the CPF scheme and how our savings are being managed by the Government. Unfortunately. the recent accounts given by DPM Tharman Shanmugaratnam has raised more questions than answers. Such a confusion has raised the ire of many Singaporeans, and rightly so. The stewards of public funds must be transparent and consistent in their dealings. The suspicions of the people over our hard-earned CPF savings would have arisen if the PAP had not reneged on its promises and, worse, kept Singaporeans guessing on how these funds are being managed. Such an approach needs to be corrected which is not a difficult thing to do. What we need is for the GIC to be fully accountable to the people and for the Government to keep its promises. In our forthcoming economic policy paper, the SDP proposes the following: 1. Abolish the Minimum Sum Scheme (...

Full article: http://yoursdp.org/news/2014-07-30-5860

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#CPF study to quiz 25,000 on #health, #retireme...

cpf.gov.sg 30 Jul '14, 4am

SOME 25,000 Singapore residents aged 45 to 85 would soon be invited to take part in an unusual government study of retirem...

Singapore's GIC Sees Challenges on Horizon

online.wsj.com 02 Aug '14, 2am

SINGAPORE—Singapore's sovereign-wealth fund warned of a challenging investment environment over the next decade, as global...