For subscribers
New flight plan for CPF savings: Long overdue, but may not suit everyone
The proposed life-cycle scheme offers a steady glidepath, but members must be prepared for some mid-air volatility.
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By 2028, CPF members will be offered a new, fuss-free investment scheme.
ST PHOTO: KUA CHEE SIONG
Christopher Gee
In his Budget 2026 speech a new investment scheme
The incoming scheme is likely to differ significantly from the existing CPF Investment Scheme (CPFIS), which is designed for members with the expertise, time and inclination to manage investments actively. But CPFIS today offers more than 700 products across a wide range of strategies. For many members, that breadth of choice can be intimidating. As American psychologist Barry Schwartz has argued through the “paradox of choice”, more choice can sometimes lead to poorer decisions and suboptimal outcomes.
