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What is the CPF Investment Scheme (CPFIS) Self-Awareness Questionnaire (SAQ)?

The CPF Investment Scheme (CPFIS) Self-Awareness Questionnaire (SAQ) helps you assess if you have basic financial knowledge and whether CPFIS is suitable for you. The SAQ starts with learning modules on investment concepts, products and charges under CPFIS. You will then log in with your Singpass to attempt a quiz.

From 1 October 2018, if you are a new CPFIS investor, you will need to take the SAQ before you can start investing under CPFIS. Agent banks and product providers will require you to declare your SAQ status and/or ask to view a copy of your SAQ status for verification. You can participate in the CPFIS once you have taken the SAQ, regardless of your SAQ results. You can check your SAQ status via my cpf digital services.

If you already have a CPFIS account, while you are not required to take the SAQ, you are still strongly encouraged to do so.