Everything You Need to Know About SPK

Hello Savey Fox readers! Let’s talk about something that touches every working individual in Brunei – the Skim Persaraan Kebangsaan or SPK. You might have heard about it in passing or seen it in official documents, but what exactly is SPK, and why is it important for your financial future? SPK isn’t just a government…

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calculate TAP and SCP

How to Calculate TAP and SCP Contributions?

Tabung Amanah Pekerja (TAP) and Supplemental Contributory Pensions (SCP) are both government initiated pensions schemes. One of my earliest posts was about them! This scheme is applicable to Bruneian citizens and permanent residents. What I didn’t talk about in detail was how you can calculate TAP and SCP contributions. And to be honest, you don’t need to…

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retirement on the beach

Retirement: Are you ready for it?

Lately I’ve been thinking about life. Particularly now; it’s all about going to work and becoming financially secure but is that all there is? Sure, I have my hobbies, this blog and social life. But how sustainable is this lifestyle? As you’ve guessed from the post title, I’m talking about retirement and what comes after…

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