What are the fees charged by the Public Trustee for the administration of un-nominated CPF monies?
The statutory fees chargeable for the administration of CPF monies are as follows:
Amount of CPF Monies | Charge |
For the first $1,000 | 2.2% |
For the next $9,000 | 1.375% |
For the next $240,000 | 0.685% |
For the next $250,000 | 0.412% |
For amounts in excess of $500,000 | 0.275% |
These fees cannot be waived. A minimum fee of $12 will apply.
- wong chee tat :)
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