Are Your SRS Savings Sitting Idle and Losing Value against Inflation?
Optimise your SRS savings through long term investments to maximize returns for your retirement needs.
Optimise your SRS savings through long term investments to maximize returns for your retirement needs.
SRS is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings.
SRS contributions are made over and above CPF contributions, and enjoy tax relief as well.
You can grow your SRS funds exponentially through long term investments, which could better increase your investment value to give you a more comfortable retirement.
But are Your SRS Savings Sitting Idle?
Are you losing out on opportunity cost?
By saving your hard-earned money in SRS without investing, you may potentially lose out $365,091 over the long run. Talk to your consultant to customize an SRS plan for you.
Depending on your objectives, there are multiple financial solutions to invest your SRS savings
20 approved products from 6 insurers
We have more than 1400 solutions, to suit your every needs
With over hundreds of financial solutions from 70 asset management companies and 6 insurance companies, we can help you to narrow down the options and optimise your SRS savings to suit your needs best.
(All information on investment and insurance products are correct as of 1 October 2023.)
Hello! I’m a dedicated financial coach with a passion for guiding clients toward a more empowered financial future. My mission is to simplify financial complexities and help individuals right-size their resources, enabling them to explore more choices in life. Ultimately, I aim to empower you to design a life that revolves around your passions, not just your paycheck.
As an independent financial advisor with over 12 years of international banking and financial services experience, I deliver tailored, unbiased holistic advice that truly reflects my clients’ life goals. I believe in building lasting relationships, walking alongside my clients through their financial journeys, and prioritizing their best interests at every step.
In addition to my advisory work, I am fueled by a commitment to enhance financial literacy, especially among underrepresented individuals. Through engaging education and thoughtful writing, I strive to make financial knowledge accessible to all. As a Life Coach and the founder of minimalistinthecity.com, I promote the principles of minimalism and financial independence, helping people discover how decluttering can lead to a more meaningful and purpose-driven life.
I am also actively involved in the digital finance space, contributing to platforms like CPF, The Financial Coconut, and iFast, where I share insights and promote financial wellness. I wholeheartedly believe in "living a simple and meaningful life," where you can achieve your ikigai and financial success in ways that resonate with who you are.
Outside of my professional pursuits, I'm a family man who thrives on adventures in nature. I'm currently aspiring to scale Mt. Kilimanjaro and trek across Patagonia—exploring the world is one of my greatest joys!
Let us assist you with all the calculations. Ride on an exciting investment journey with us!
Singapore's largest independent financial advisory firm with more than 20 years of excellence.
Financial Alliance is a leader in providing wealth advisory services to individuals and corporates alike, including private wealth advisory, Islamic wealth advisory and fee-based advisory.
We have been practising as Singapore's leading independent financial advisory firm for more than two decades.
Learn MoreWe work with dozens of product providers so our consultants can bring the most comprehensive solutions to clients.
Learn MoreWe are truly independent and MAS-regulated so you always have peace of mind. Our track record speaks for itself.
Learn MoreThe Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.
Any Singapore Citizens, Singapore Permanent Residents (SPRs) and foreigners who is a Singapore Tax Resident may make SRS contributions in the current year.
The annual contribution limit for SRS is $15,300 for Singapore Citizens/Permanent Residents and $35,700 for foreigners.
You will be allowed SRS tax relief in the Year of Assessment following the year of contribution, provided you are a tax resident for that Year of Assessment. However, a personal income tax relief cap of $80,000 applies to the total amount of all tax reliefs claimed (including relief on SRS contributions).
You will not be allowed SRS tax relief if:
Your SRS account is suspended as at 31 Dec of the year of contribution; or
The amount of such contribution is withdrawn from your SRS account in the same year of contribution.
You are able to make a wide variety of investments, including shares, insurance, bonds, unit trusts and fixed deposits. Let us help you find the best investment vehicle that suit your needs.