SUN LIFE GREPA IS A GREAT PLACE TO WORK FOR TWO YEARS IN A ROW shangbao.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shangbao.com.ph Daily Mail and Mail on Sunday newspapers.
Overall financial preparedness among some Filipinos remains low despite having a clear sense of their financial priorities. Despite having identified their financial priorities, the majority of the respondents who took part in the 2023 Financial Readiness Survey of leading insurer Sun Life Grepa Financial Inc. (Sun Life Grepa) said they…
MANY Filipinos still lack adequate overall financial preparedness despite having a clear understanding of priorities, a Sun Life Grepa Financial Inc. study found.Majority of the respondents in the firm s 2023 Financial Readiness Survey indicated a lack of financial readiness full preparedness was less than 10 percent in obtaining protection for their goals and needs.Thirty-four percent said they were fully or somewhat prepared with regard to emergency funds, 32 percent each said so for major goals and personal health, and 30 percent made the claim for investments.Earning and saving income still held the top spot at 69 percent, down from 77 percent previously, followed by building wealth at 57 percent and protecting money at 39 percent. The changes in variance can be attributed to the sustained new normal or post-pandemic recovery, Sunlife Grepa said. Full-time jobs and other income-generating opportunities have become more stable, allowing people room to adjust their financial p