Cycling enthusiasts from across the region converged in the historic city of Melaka today for the debut of L’Étape Melaka by Tour de France, marking t.
Working adults in Singapore rank retirement planning as their top priority but an alarming 80% underestimate how much they really need to retire, according to the findings of the Aon 2021 Trends in Retirement & Financial Well-being for Singapore survey. Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions.
While retirement support from employers is also lacking, further challenges remain around transparency in group retirement plans investment offerings and employees foregoing long-term perspectives to seek short-term gains, the survey findings indicate.
Mr Ashley Palmer, regional managing partner, Retirement & Investments, Asia for Aon, said, Employers can have a significant impact on how much their employees save by instilling smart habits and healthy money behaviours. The right long-term savings vehicles, effective communications and financial tools will help Singapore s workforce be more financially resilient
Three retirement trends that will help Singapore employers evolve their rewards strategy Details Published: 14 April 2021
Given the percentage of the working population in Singapore comprising foreigners who are not eligible for CPF, close to 50% of the organisations surveyed offer supplementary retirement benefits to their foreign staff.
Have you been saving enough for your retirement? When asked the same question, working adults in Singapore ranked retirement planning as their top priority but an alarming 80% underestimate how much they really need to retire. This was a key finding in Aon s new report,
2021 Trends in Retirement & Financial Wellbeing, completed by organisations with employee populations ranging from five to over 4,000, and based in Singapore.
Singapore Employees Lack Retirement Support From Companies While Financial Wellbeing Becomes a Top Priority: Aon Survey livenews.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livenews.co.nz Daily Mail and Mail on Sunday newspapers.