Mandate Uniform Explanations of Financial Products

Speech by Mr. Kwek Hian Chuan Henry (Nee Soon GRC) Debate on Securites and Futures Act Bill (No. 01/2017) Mdm Speaker, 1. The amendments in the Securities and Futures Act are a timely refresh to our regulations. Therefore, I rise in support of the motion. 2. I would like to talk about three issues today: a. Protecting our jobs; b. Promoting truth in lending and investing; and c. Promoting financial literacy. Protect Our Jobs 3. First,....

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Allow people in need to withdraw from CPF retirement account

Video here SPEECH BY ER DR LEE BEE WAH, MP FOR NEE SOON GRC, AT THE SECOND READING OF THE CENTRAL PROVIDENT FUND (AMENDMENT NO. 2) BILL IN PARLIAMENT ON 10 OCT 2016 Madam Speaker, 1. I wholeheartedly welcome the changes to make the CPF system more friendly and flexible. It shows that our government acts responsibly and responsively. Exceptions for members who need their RA before 65 2. Firstly, fixing the Basic Healthcare Sum for each cohort is a great relief to Singaporeans.....

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Can sons- or daughters-in-laws be classified as related persons?

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Central Provident Fund (Amendment No. 2) Bill [Bill No. 26/2016] Introduction Madam Speaker, the CPF system has been lauded around the world as an effective method for a government to help manage the financial needs of citizens throughout their lifetime. The amendments to the CPF in this Bill will further strengthen the system and have far-reaching implications. I stand in support of this Bill for the following reasons.....

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