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After the merger of Academic Staff Provident Fund Approved Investment Scheme (ASPFAIS) and CPF Investment Scheme (CPFIS), will the transfer be reflected in any of my CPFIS statements?
The transfer will be reflected through the change to the net amount withdrawn. Your net amount withdrawn under the Academic Staff Provident Fund Approved Investment Scheme - Ordinary Account (ASPFAIS-OA) will be merged with your net amount withdrawn under the CPF Investment Scheme - Ordinary Account (CPFIS-OA). A footnote will be permanently shown in your "CPFIS Stock & Gold Limits Computation" statement, informing you of the amount transferred from your ASPFAIS-OA. For your investments made under Academic Staff Provident Fund Approved Investment Scheme -Special Account (ASPFAIS-SA), they will be transferred to your CPF Investment Scheme - Special Account (CPFIS-SA). You are able to view your combined investment holdings in your SA portfolio statement.
This information is sourced from CPF.
Related questions
What will happen to my Academic Staff Provident Fund Approved Investment Scheme investments if I did not open a CPF Investment Scheme Investment Account in time for the transfer?
Will I receive any notifications after the transfer of my investments from my Academic Staff Provident Fund Approved Investment Scheme to CPF Investment Scheme?
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