Singapore's new private pension system - the Supplementary Retirement Scheme (SRS) - which had been previously scheduled for launch on January 1, 2001 is now set to come into force in April this year, according to the Singapore Ministry of Finance.
Designed to complement the existing Central Provident Fund (CPF) scheme, the SRS will offer Singaporeans a chance to invest in a wide range of investment products, while benefiting from tax relief....
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