The great resignation has disrupted Singapore residents' plans to retire, with one in five residents indicating that they intend to push back their retirement by six years, from 58 years to 64 years.
A survey by Milieu Insight on 'Financial Independent, Retire Early' (FIRE) finds out how common the FIRE movement is among Southeast Asians.
People from the sandwich generation - those who had competing demands and financial responsibilities for both younger and older generations - have an increasing desire to be prepared for financial independence in retirement.
Singapore's life insurance industry recorded a total of S$1.21 billion (US$868 million) in weighted new business premiums for 1Q2022, a slight 2% dip compared to 1Q2021, according to The Life Insurance Association, Singapore (LIA).
Prudential Singapore and NTUC Income have joined hands to help Singaporeans prepare financially for their later years and long-term care needs.
At its recent 26th annual general meeting (AGM), the Financial Services Managers Association (FSMA) announced newly elected members of its Management Committee for 2022/2023.
Resolution Life Group has set up its new representative office in Singapore, following recent approval by the Monetary Authority of Singapore.
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