CPF Investment Administrator

CPF Investment Administrators

If you use your CPF account to purchase funds from different fund houses (i.e. non-CPF Investment Administrator), you will incur CPF agent bank charges for each transaction. A CPF Investment Administrator is able to collate your purchases of funds from different fund houses and submit them to CPF collectively. In this case, you will only need to pay for one transaction each time, no matter how many fund houses you purchase from. This ultimately translates into savings for you.

CPFIA Status

Phillip Securities Pte Ltd is a CPF Investment Administrator (CPFIA) and you can reap these savings when you invest your CPF monies with us. Simply open a CPF/SRS Investment Account with one of the 3 agent banks (DBS/POSB, UOB, or OCBC) to invest with CPF Ordinary Account (CPF-OA) or Supplementary Retirement Scheme (SRS).

Note: If you want to invest only the monies in your CPF Special Account (CPF SA), you are not required to open a CPF Investment Account.

Benefits of CPFIA-status

Lower Transaction Costs

As mentioned above, Phillip Securities Pte Ltd is a CPF Investment Administrator and you can reap savings when you invest your CPF monies with us.

Ease of Administration

Assuming you invest with funds from 10 different funds houses, you will receive 10 separate statement of holdings, which might be difficult to monitor in the long run. Investing your CPF/SRS monies with Phillip gives you the ease of administration with just 1 statement of holdings for your investments. Consolidating your holdings will no longer be a chore!

CPF Regulations to note

From 1 January 2008, CPF members will gain an extra 1% interest on the first $60,000 of your combined CPF accounts. In order to ensure that you reap this benefit, the CPF has put in place these 2 regulations:

1. CPF Ordinary Account

Effective 1 May 2009, members are to set aside $20,000 in their Ordinary Account before they can invest the monies.

2. CPF Special Account

Effective 1 July 2010, members are required to set aside $40,000 in their Special Account before they can invest the remaining amount.

Think Big, Start Small

Keeping in mind the big picture of your investment objectives, investing a small amount every month goes a long way. You can start small by utilizing our Regular Savings Plans (RSPs) to meet your retirement needs on your CPF funds. Start early, start today.

Find out more about RSP
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