Category Archives: GIC

GIC takes on riskier investments because of its asset mix

CPF members have been repeatedly told that GIC (and Temasek) does not take on riskier investments with our CPF and reserves. Source This not true. GIC has to take on higher risk because its asset mix demands a riskier approach. … Continue reading

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With all the pock kai CPF investments and UBS loss, GIC’s 6% long-term returns questionable

Singaporeans should think and question the management of our CPF. Why is GIC able to pay CPF members only about 3% returns (on average) when across the causeway, Malaysia’s EPF has been paying 6% for the last 20 years? Why … Continue reading

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CPF scheme serves GIC, not CPF members

Fortunately for the PAP government, most CPF members have continued to absorb propaganda like sponge. It’s a pity that all the efforts by Roy and others to enlighten members have almost gone to waste. One only needs to look at … Continue reading

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When the PM has to sell CPF snake oil/koyok, you know GIC is in trouble

The huge shortfall in retirement funding for Singaporeans is testament to the abject failure of our CPF scheme. Instead of addressing the issue, PAP has engaged in propaganda to create an illusion that all is well, eg in 2011, PAP … Continue reading

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No massive CPF investment losses but GIC cannot be transparent?

Hundreds/thousands of transactions annually but GIC has preferred to keep information which belongs in the public domain private. Any government which conceals such information from the people does it to prevent embarrassment. Fact: Over more than 3 decades, GIC’s realized … Continue reading

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