My Talking Points

June 2019

CPF Investment Scheme funds deliver 7.82% returns for Q1

Average returns from CPFIS-included unit trusts rose 8.48 per cent, while returns on investment-linked insurance products (ILPs) climbed 7.34 per cent, said fund research firm Lipper on Monday.

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Singapore 2018 healthcare cost inflation hits 10%, 10 times the economic inflation rate: Mercer report

SINGAPORE’S medical trend rate - which measures medical cost inflation - was 10 per cent in 2018, 10 times the Singapore economy's estimated 2018 inflation rate of 1 per cent, according to Mercer Marsh Benefits' 2019 Medical Trends Around the World report.

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UK insurer Aviva to cut 1,800 jobs over next 3 years

[LONDON] British insurer Aviva on Thursday said it plans to cut about 1,800 jobs over the next three years as new chief executive Maurice Tulloch looks to slash costs. Aviva said in a statement that it planned "approximately 1,800 role reductions across the group over the next three years, out of a total workforce of around 30,000". Aviva is seeking to cut costs by £300 million (S$519.3 million) per year by 2022.

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What Happens To Your CPF Monies After Transferring It To Your Retirement Account (RA) At Age 55?

In Singapore, our CPF follows us throughout our lives. From the day we are born, our CPF accounts are opened to help us pay for our own MediShield Life premiums (via a $4,000 MediSave grant), right up to our retirement years (via a lifelong monthly payout with CPF LIFE), and everything else in between.

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This monthly newsletter is a collection of articles that provide a good understanding of the information specially selected to help you refresh and upgrade your knowledge and well-being to keep pace in this constantly changing world.

Sponsored by

Alex Wong,

The Adviser to New Financial Planners in Singapore.

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If you are always trying to be normal, you will never know how amazing you can be.

-Maya Angelou

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