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CPF Allocation Rates: Here s How They Change As You Grow Older And How It Affects Your Retirement Planning

Living in Singapore, many of you should be familiar with the Central Provident Fund (CPF). Akin to a “forced savings” scheme, the CPF is a mandatory social security system that enables working Singapore Citizens and Permanent Residents (PRs) to set aside funds primarily for their retirement, as well as for their healthcare, homeownership, family protection, and asset enhancement. The CPF is made up of three accounts: Ordinary Account (OA) – for housing, investment, insurance and education. Special Account (SA) – for retirement and investments. MediSave Account (MA) – for hospitalisation expenses and approved medical insurance. On your 55th birthday, a fourth account, the Retirement Account...

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Edited Transcript of earnings conference call or presentation 23-Jul-19 1:00pm GMT

Q1 2020 HDFC Life Insurance Company Ltd Earnings Call Mumbai Jul 26, 2019 (Thomson StreetEvents) -- Edited Transcript of HDFC Life Insurance Company Ltd earnings conference call or presentation Tuesday, July 23, 2019 at 1:00:00pm GMT TEXT version of Transcript Corporate Participants HDFC Life Insurance Company Limited - CFO HDFC Life Insurance Company Limited - Senior EVP, Chief Actuary & Appointed Actuary HDFC Life Insurance Company Limited - Chief Distribution Officer & Executive Director HDFC Life Insurance Company Limited - MD, CEO & Director Conference Call Participants Nomura Securities Co. Ltd., Research Division - Executive Director Motilal Oswal Securities Limited,...

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33 Percent of Canadians File Travel Health Claims: Study - MoneyWise

Shopping in New York or Italy on holiday. Summer vacation to Mexico or Cuba. If you imagine where you want to travel overseas, there are so many great destinations to choose from. But, the concern is that some Canadians are underinsured when they travel. An RBC insurance survey found that over 33 percent of people in Canada have had to file insurance claims for visits to a doctor while overseas. And, that’s concerning. Travel While Exciting, Comes Packed with Safety Concerns Norovirus is prevalent on cruise ships. It’s unsafe to drink tap water in parts of the Bahamas, Russia, Mexico, Brazil and China. The Centers for Disease Control (CDC) reported that public swimming pools in the U.S. may...

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