[maxsanic]

IF CPF Board cannot provide CPF members with ROI between 7% and 10%, others can.

Then, CPF management should step aside and let other professional fund managers to do it.

If you can't do it, Why force yourself?

I would like to know who exactly are the professional fund managers that can consistently achieve an ROI 7% - 10% over long term multi-decades in SGD terms. I doubt it's that easy to find one.

Do take note that the world's largest pension fund by Norway government has only managed a 6.62% annual return from 1998 - 2021 and this is denominated in Norwegian Kroner. https://www.nbim.no/en/the-fund/returns/...%20percent.

The NOK has depreciated from 0.22 to 0.15 from 1998 - 2021 as well. This translates to a net depreciation of ~2% against the SGD, so in summary even the illustrious Norwegian pension pension fund can only deliver ~4.6% annual return when converted to SGD.

Even at current low interest rates, the CPF can already deliver a blended interest rate of ~3.5% after accounting for 2.5% OA, 4% SA/RA/MA, top up +1% for first 20k and top up +1% for seniors. The gap is much smaller than most people envision.