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What are the fees charged by the Public Trustee for the distribution of un-nominated CPF monies?
The fees charged for distributing the CPF monies under the Public Trustee (Fees) Rules 2010 are:
Amount of CPF Monies | Charge |
For the first $1,000 | 2.400% |
For the next $9,000 | 1.500% |
For the next $240,000 | 0.750% |
For the next $250,000 | 0.450% |
For amounts in excess of $500,000 | 0.300% |
The fees include GST and cannot be waived. A minimum fee of $15 is chargeable.
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