Is the new cpf investment scheme guaranteed?

No. It is market-based, so values can rise and fall. The Government will cap fees and require strong risk controls, but returns are not guaranteed. The glidepath aims to reduce big drawdowns near retirement, which can support CPF LIFE planning, yet members should expect variability.

How is the cpf investment scheme different from CPFIS?

CPFIS is self-directed with many funds and varied fees. The new scheme is voluntary, low-cost, and uses automatic glidepaths with only two to three selected providers. It simplifies choices, caps fees, and standardises reporting, while still offering market exposure and de-risking as retirement approaches.

Who might benefit most from the CPF life-cycle investment approach?

Younger members with long horizons may benefit from higher early equity exposure and disciplined rebalancing. Those nearing retirement may value the lower-risk mix that aims to protect balances before CPF LIFE payouts at 65. Suitability depends on total household assets, risk tolerance, and time to retirement.

When will more details be available before the 2028 launch?

Authorities begin engaging industry partners from March. Over the following phases, expect announcements on selected providers, fee caps, product design, and onboarding. Members should watch official updates, compare options using net-of-fee disclosures, and prepare questions on risk, fees, and switching rules before opting in.

Global Market Insights

February 13: CPF Life-Cycle Investment Scheme to Launch in 2028

ByDanny Kontos February 13, 2026February 13, 2026

Singapore’s new cpf investment scheme will launch in 2028 as a voluntary, low-cost life-cycle option for CPF members. The plan will pick two to three providers, cap fees, and use an automatic glidepath that reduces risk as retirement nears. Industry engagement begins in March, so details will take shape soon. For long-horizon savers, analysts expect market-based returns of about 5% to 6% over time, with no guarantees. We explain what this means for CPF LIFE at payout age 65 and how to prepare.