24-07-2014, 11:21 AM
(This post was last modified: 24-07-2014, 11:25 AM by specuvestor.)
(24-07-2014, 10:11 AM)specuvestor Wrote: I will be keen to see which fund will stick their neck out and say they can give 4-5% return annual in SGD terms over say 5-10 years
"The main challenge will be for private pension plans to offer a realistic chance of achieving better returns than the four to five per cent on the CPF Special Account, he said."
http://www.channelnewsasia.com/news/sing...77236.html
(24-07-2014, 10:39 AM)CityFarmer Wrote: I have an endowment plan (from AIA) with a current Projected Investment Rate of Return (PIRR) of 4.75%, which was adjusted from a more favorable PIRR when it was signed years ago. The PIRR then, made it an obvious choice to participate, and the current PIRR is comparable with SA rate. It is probably the best one in the market then, and the plan isn't available now, base on the feedback.
One point to note, it is non-guaranteed vs. the almost guaranteed for SA
So what was the past few years' ACTUAL return ie bonus announced? My own experience with AIA (own experiecne only, not picking on AIA) is that the projection doesn't match realised
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)