"A survey by HSBC Insurance last year reported that 42% of Singaporeans do not have a financial plan for their retirement. The old adage that if you fail to plan then you are planning to fail applies strongly to retirement planning. Why are people not making plans? In the HSBC survey, 14% feel it is not useful to have one, 23% have no idea how to form one and the rest feel they do not have sufficient income to make a plan. It is interesting that about a third of those without financial plans have had some dealings with a financial adviser, which suggests that either the adviser had not conveyed the appropriate advice or he has chosen not to take it." - Speech by Lee Chuan Teck, Assistant Managing Director, Monetary Authority of Singapore at Singapore Management University ‘Market for Financial Advice’ Symposium on 6 July 2012.
In this highly sought-after interactive seminar, Wilfred Ling will speak on the topic of retirement planning. This talk is aimed at those in their 30s to 50s who wish to plan for retirement. Topics include the strengths and limitations of CPF, SRS, how to invest for retirement, case studies on the advantages and disadvantages of common retirement products in the market,etc. The speaker is a practicing practitioner and therefore the talk will focus mainly on practical aspects.
Agenda:
