TR EMERITUS

We obviously don’t know how much the private equity firms charge Temasek and GIC or if they offer us value for money (like our millionaire ministers like RI boys Yaacob and Hng Kiang). For this thank the sheep 7o%: but do PM, Tharman, the president, and our SWFs know? The Auditor-General should not be wasting his time on... 

I refer to the article “Many unhappy returns” (The Economist, Nov 21). Median pension fund return – 8.5%? It states that “Over the past five years the median pension fund has earned an annualised return of 9.5% (in USD terms); over the past 25 years, the return has been 8.5%”. GIC 20 years’ return – 6.1%? According... 

Real incomes rise I refer to the article “Real incomes rise in Singapore amid tight labour market: MOM report” (Channel NewsAsia, Nov 30). 20th percentile real income increased 2.1% It states that “There was a “sustained increase” in income at the median and 20th percentile over the last five years, helped by initiatives...