I have briefly touched on this interesting topic when I delved into CPF earlier this year. As we arrive at the mid-year mark of 2021, perhaps you have made up your mind to accelerate your financial progress. The CPF Investment Scheme (CPFIS) is definitely something you can consider, as a tool to make your money work harder for you.
First things first, the crucial point to note about this investment scheme under CPF, is that any returns you reap will go back to your CPF accounts. Other requirements are as follows: You should be at least 18 years old; not an undischarged bankrupt; have at least S$20,000 balance in your Ordinary Account (OA) and S$40,000 in your Special Account (SA).