Big opportunity in little Singapore for fund managers

The Lion City is now calling for industry opinions to its proposal for a private pension scheme.

Singapore's Central Provident Fund board is calling on participants in the asset management industry to comment on its just-released consultation paper on its intention to introduce a private pension plan PPP that may create big opportunities for a handful of fund managers and administrators - and eventually upend the retail funds market.

The government is keen to boost its role as a fund management hub and beef up citizens' savings by encouraging them to invest some of their...

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