OCBC sees more taking first step in financial planning
Biggest growing segment of people planning finances under 40; more are starting younger
Add BT as a preferred source
Singapore
SINGAPORE might be a well-developed financial centre, but consumers here remain daunted by the effort it seems to take to plan their finances.
This fear of financial planning has an impact on their financial well-being. About 75 per cent of Singaporeans are not on track to their ideal retirement and only 28 per cent save a portion of their salary every month, recent data from OCBC's Financial Wellness Index showed.
TRENDING NOW
MedPark’s assistant CEO runs a hospital where patients, physicians precede profits
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
