retirement planning
Singlife partners SMU to tackle retirement savings strain
Singlife partners SMU to tackle retirement savings strain
The study will examine adequacy needs as medical costs and money pressures keep climbing.
APAC pension markets expand as global assets hit $68.3t
Japan remains a major contributor.
7 in 10 Filipinos delay retirement due to financial insecurity
Many are unsure they can retire, and half say they need to save more first.
High-income Singaporeans delay retirement as costs and caregiving bite
Amongst this group 45% postponed retirement and 23% cut lifestyle expectations.
Only 33% of retirees expect savings to last a decade: Axis Max Life
Even amongst those with health insurance 67% fear financial shortfall.
Seven in 10 Asians forced to work past retirement: Sun Life
Nearly two-thirds of those working late cite the urgent need for daily expense income.
Financial planning rises as 63% cite uncertainty, Prudential says
Thailand stands out: 70% choose higher-risk investing, and 68% prefer short-term instruments.
Vietnam tightens social insurance enforcement against evasion
Mandatory enrollment expands: local data sharing to flag non-compliance.
Vietnam mandates 100% payouts for near-poor, 75+ seniors
Reimbursement rates for near-poor cardholders will increase to 100%.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
Tata AIA launches two multicap ULIP equity funds
The funds are benchmarked against the Nifty 500 Index.
China-focused insurance-linked funds in Singapore surge over 24%
Indian equity ILPs recorded the weakest performance.
Taboos, low confidence stall legacy planning across Asia
Two-thirds of Asians fear their wealth will not outlast their children’s generation.
Only 27% of next gen willing to lead family firms, legacy planning lags
The lack of structured succession planning leaves many businesses exposed.
Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors
RHB said the product is designed for customers aged 40 to 70.
People in Asia strengthen retirement planning as financial awareness grows
Three-quarters said financial well-being affects their physical and mental health.
7 in 10 Hong Kong seniors are financially underprepared, AIA says
Nearly 60% have no clear savings plan.
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Jul
07
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CEO Phlaphongphanich said the industry is measuring the wrong things.
