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.
Rest case one of many industry fund misdeeds: ASIC
Rest case one of many industry fund misdeeds: ASIC
ASIC’s court action against a major industry fund is the tip of the iceberg when it comes to funds in the space actively discouraging members from rolling their money over to a competitor, according to evidence given at a parliamentary committee.
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Appearing at a recent hearing of the House economics committee, ASIC commissioner Danielle Press said the case against industry fund Rest, which relates to the fund’s alleged actions to discourage members from transferring money to another super fund, was one of a number of similar cases among industry funds.
If you own a family business, it is likely one of your largest assets and it might be the most difficult to monetize. How you handle it can have a significant impact on your overall retirement .
Rest case one of many: ASIC By Sarah Kendell 14 April 2021
ASIC’s court action against a major industry fund is the tip of the iceberg when it comes to funds in the space actively discouraging members from rolling their money over to a competitor, according to evidence given at a parliamentary committee.
Appearing at a recent hearing of the House economics committee, ASIC commissioner Danielle Press said the case against industry fund Rest, which relates to the fund’s alleged actions to discourage members from transferring money to another super fund, was one of a number of similar cases among industry funds.
Industry Trends and Research
With climate change and ESG investing all over the news, a recent white paper by Dimensional assesses the academic literature on climate science, and economics and finance, including the implications of climate change for asset pricing and investment choices.
Overall, the literature provides compelling evidence that the impact of climate change risk on asset prices is captured well through the valuation framework, suggesting that investors can use current prices and reliable proxies for expected future cash flows to identify and pursue systematic differences in expected returns, according to Dimensional’s paper, “The Economics of Climate Change.”