SINGAPORE – The range of investment products eligible for the Supplementary Retirement Scheme (SRS) may be broadened to give investors more options to grow their retirement nest eggs.
The three local banks that run the scheme – DBS, OCBC and UOB – have proposed a framework that lays out the criteria for new SRS product providers to come on board. The framework also sets out guidelines for managing SRS product providers to ensure fair competition in the space.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you