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Shelving of SimplyGo plan: Observers say LTA was unprepared, LTA says trial was positive

SINGAPORE The shelving of plans to phase out older adult public transport payment cards was met with relief by public transport users, who said they were glad their concerns were heard. But some felt the aborted exercise was ultimately redundant, and expressed frustration at the inconvenience they had to bear to update their ez-link cards. Observers said the shelving. ....

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Singapore's pension system ranks 7th globally on Global Pension Index, highest in Asia

Singapore's retirement income system jumped two spots - ranking 7th out of 47 retirement income systems reviewed in the 15th annual Mercer CFA Institute Global Pension Index (MCGPI) - retaining its top spot in Asia and cementing its position in the top 10 systems globally. ....

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Hong Kong's MPF retirement scheme ranks second best in Asia behind Singapore's amid investment losses: Mercer

The Mandatory Provident Fund is the best regulated pension scheme in Asia, but trails Singapore’s scheme when it comes to providing retirees with adequate funds, according to the latest Mercer CFA Institute Global Pension Index. ....

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