What is LPA? Why is LPA so important? The Lasting Power Attorney (LPA) is a legal document that allows a person who is at least 21 years of age (‘donor’), to voluntarily appoint one or more persons (‘donee(s)’) to make decisions and act on his/her behalf if he/she loses mental capacity one day. A donee can be appointed to act […]
What is the interest rate that SRS earns? I have many clients who thought that Supplementary Retirement Scheme (SRS) is currently earning the same interest as CPF-OA at 2.5% p.a. or CPF-SA at 4% p.a. They were confused about the two schemes. In actual fact, SRS is earning 0.05% p.a. saving account interest from the banks. The SRS is part
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Wealth Management Consultant
B.Eng (Hons), Certified Financial Planner (CFP®), Cert(SCI) GI CERTIFIED
MAS Reg Number: LBT300026263
