CPF funds are recognised as part of matrimonial assets and often form a large part of it. As such, it is important that CPF funds are considered in the financial settlement in a divorce.
In practice, if one spouse has given up their career to take care of the family, they would end up having far less CPF savings than the other over time. While there is no automatic entitlement to a spouse’s CPF funds, the Court will pool all matrimonial assets together and look at the facts in each case to determine a fair split. It is important to seek the help of your divorce lawyer and an independent financial adviser early in order to get the best outcome. Yeo Law works closely with many major players in the financial sector and has extensive experience in working as a team to ensure that your financial needs will be protected.