Personal Finance
Central Provident Fund (CPF) Scored a B for Global Pension Index. Why Did We Not Score an A?
By Seedly  •  August 18, 2020
According to the Melbourne Mercer Global Pension Index, the Central Provident Fund (CPF) is given a grade B, which indicates that it is a sound structure with many good features to it. There are some areas for improvement that differentiates it with an A-grade system. This puts us on the same grade as the pension systems of
  • Finland
  • Sweden
  • Norway
  • New Zealand
  • Canada
  • Chile
  • Ireland
  • Switzerland
  • Germany
The Netherlands and Denmark’s pension system topped the class with an A grade, indicating that they have the first class and robust retirement income system. “How can dis b allow?” According to the Asian grading scale, scoring a B is bad! Source: weknowmemes.com Very much like how we constantly strive for an A grade in school, we take a look at what caused CPF to lose points against the rest of the pension systems....
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance