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Tharman calls for reforms to provide retirement security

Economic, financial reforms are needed, with interest rates likely to stay low as societies get older, he says

Published Mon, Jun 13, 2016 · 09:50 PM

Singapore

LOW interest rates are here to stay, and will pose challenges to retirement security globally, Deputy Prime Minister Tharman Shanmugaratnam warned on Monday.

And as investment strategies and monetary policy responses reach their limits, fundamental reforms are needed to help populations plan for retirement, he said.

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