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Archive for June, 2014

Pioneer scheme ramps up aid for elderly disabled

SINGAPOREANS in the Pioneer Generation who need help with getting around and looking after themselves will get an extra $100 a month from September. The Pioneer Generation Disability Assistance Scheme, first announced in February, is meant to help this group with expenses such as medical and home care bills, or even the cost of hiring a domestic worker. Announcing this yesterday, Senior Minister o... more

CPF Special and Medisave interest rates to stay at 4%

CPF members will continue to earn the legislated minimum interest rate on their Special and Medisave accounts for the next quarter. From July 1 to Sept 30, members will earn the risk-free interest rate of 4 per cent per annum on both these accounts, the Central Provident Fund (CPF) Board said in a statement yesterday. It added that this is in line with the Government's assurance last September tha... more

Idea of the Week: 3 Investment Lessons from the 2014 World Cup [20 June 2014]

In the spirit of the ongoing 2014 FIFA World Cup tournament, Fundsupermart highlights 3 investment lessons for investors. Click here to read more.

Idea of the Week: 3 Investment Lessons from the 2014 World Cup [20 June 2014]

In the spirit of the ongoing 2014 FIFA World Cup tournament, Fundsupermart highlights 3 investment lessons for investors. Click here to read more.

Buy Prada shares, not Prada shoes

When a good friend retired from a high-flying banking career many years ago, I was surprised by the drastic steps he took to adjust to his straitened circumstances. Gone was the chauffeur-driven Mercedes-Benz as he learnt how to drive a Toyota Corolla. He also had to get used to the cattle class with the rest of us when he flew, after years of enjoying the comforts of first-class air travel. I was... more

Planning retirement? Factor in the other half

MARRIED couples here will be significantly underestimating the length of time spent in retirement if they base their calculations on a single - rather than joint - life expectancy, a new report by Manulife Asset Management has said. The vast majority of Singaporeans continue to enter retirement as one-half of a married couple, when they should factor in the likelihood of one partner - usually t... more
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