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9 in 10 Singaporeans do not feel well prepared for retirement

Channel NewsAsia

Date: 17 September 2009

SINGAPORE: Ninety—one per cent of Singaporeans do not feel well—prepared for retirement compared to the global average of 87 per cent, according to an annual report by Oxford University’s Institute of Ageing on Wednesday.

The Oxford Institute of Ageing is known for its gerontological research and training programmes.

Singapore, like most countries in the world, is facing an ageing population. In fact, the number of dependent adults is expected to surpass the number ...