Private health insurance is the top choice of 86% of mainland Chinese seniors who were polled in a survey on the needs of ageing consumers in Asia.
Mainland China's retirement income system has been ranked in 31st place among the 48 markets worldwide covered this year by the Mercer CFA Institute Global Pension Index.
Demography scientist Yi Fuxian says that the pension crisis in China is occurring now.
Among a sample of high-income retirees polled in Singapore, 15% have been caught off guard by higher-than-expected costs, despite only 4% failing to plan for their retirement expenses, a new survey by Sun Life Asia reveals.
There is a significant demand across Asia for affordable, simplified private health and protection products tailored to address risks facing the elderly population, according to the findings of a survey by Reinsurance Group of America (RGA), a leading global life and health reinsurer.
Vietnam's retirement income system has been included for the first time in the the Mercer CFA Institute Global Pension Index, the 2024 edition of which was released earlier this week.
Atal Pension Yojana (APY), a government-backed pension scheme in India, primarily targeted at the unorganised sector, has attracted total enrolments of more than 70m since its launch in May 2015, according to the Pension Fund Regulatory and Development Authority (PFRDA), which is in charge of the supervision and regulation of pensions in India.
Financial stress levels in Australia are at their highest point in 10 years, according to the AMP Financial Wellness Report 2024.
Finance Minister Nirmala Sitharaman has launched a long-term savings programme for children called the NPS Vatsalya scheme.
All age groups in New Zealand are facing financial challenges, according to the latest "Money & You" research series published by the Financial Services Council (FSC) of New Zealand.