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One in two wealthy Asians has no retirement plan: survey

Genevieve Cua

Genevieve Cua

Published Mon, Oct 23, 2017 · 09:50 PM

Singapore

ALMOST half of wealthy and ultra-wealthy individuals in Asia do not have a retirement plan in place, a survey by Transamerica Life (Bermuda) Ltd and Asian Private Banker has found.

Among those who have planned for retirement, 73 per cent are not confident or are only somewhat confident about their plans.

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