Falco Academy Pte Ltd



  • TBC
  • 9:30am - 5:30pm
  • S$500.00 S$350 (after 30% Subsidy) or S$150 (after 70% Subsidy)
  • In Class

The Supplementary Retirement Scheme (aka SRS) is part of the Singapore government’s multi-pronged strategy to address the financial needs of a greying population by helping Singaporeans to save more for their old age. It began in 2001 and is operated by 3 major banks. They are DBS, OCBC & UOB. The SRS complements the Central Provident Fund (CPF). CPF savings are meant to provide for housing and medical needs and for basic living needs after retirement.
Unlike the CPF scheme, participation in SRS is voluntary. SRS members can contribute a varying amount to SRS (subject to a cap) at their own discretion. The contributions may be used to purchase various investment instruments. And one good reason for contributing to the scheme gets to enjoy tax-relief and hence lead to tax savings. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.
Demystifying SRS aims to provide participants with the know-hows and skills to demystify the rules and adopt the COST framework to build their clients supplementary retirement funds.
To be future-ready, Demystifying SRS is incorporated with web-based application to help practitioners to acquire knowledge & gain skills in order to internalise these values to build their unique financial advisory process.
Completion of Demystifying SRS will strengthen your identity as a financial advisory practitioners who are capable to impart your practical knowledge and henceforth to impact your client’s financial in a positive way.



Program Outline
• Understand what is Supplementary Retirement Scheme.
• Discussion & exercise to reinforce learning concepts.
• Apply the knowledge learned in providing retirement advisory.
• Create templates via software application & system.
• Learn to create scenarios via financial software application.
• Learn the approach for effective client engagement.