What happened?  The recent debate about the closure of CPF Special Accounts for those aged 55 and above put the spotlight on the CPF LIFE scheme. It was emphasised that CPF LIFE “is a form of insurance, and not an investment vehicle.” Effectively, it is an insurance against longevity risk – that we live longer […]

source: https://thefinance.sg/2024/03/05/guide-to-insurance-in-singapore-2024/