Insurance
86% intend to use whole life insurance for retirement?
By Wilfred Ling, The IFA on Duty  •  February 8, 2011
I got a shock when I read that 86% of those surveyed by Citi Financial Quotient Survey 2010 (http://www.todayonline.com/Business/EDC110202-0000193/Most-say-CPF-savings-not-enough) that they intend to use whole life insurance for retirement funding! According to the Today Online 'Most say CPF savings not enough' 2 Feb 2011, "Singaporeans are turning to alternative means to take them through their silver years. These include proceeds......
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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