Singlife–SMU collab targets retirement readiness and future talent

They will study retirement adequacy and support actuarial training through scholarships and internships.

Singlife has entered into a partnership with Singapore Management University to collaborate on retirement readiness research and actuarial science talent development.

In a press release, the company said it signed a memorandum of understanding with SMU to study retirement adequacy, savings needs and the impact of healthcare inflation on long-term financial planning.

The research will draw on SMU’s Longevity Societies and Economies Institute (LSEI) and Singlife’s will contribute customer data and industry input.

Findings from the collaboration will be published in a joint white paper expected in the second half of 2027.

Singlife and SMU said the research will focus on gaps in retirement preparedness and the level of savings required for retirement.

The collaboration also aims to provide academic and industry perspectives on ageing-related financial needs as Singapore moves towards an ageing population.

According to Singlife’s Financial Freedom Index 2024, 71% of respondents said they do not feel confident they can retire whenever they choose.

The study also found that whilst most respondents aim to retire by age 65, they expect to need a median of $2,856 per month for retirement expenses, compared with median monthly savings of $1,682.

The memorandum was signed at the SMU LSEI launch event on 14 April.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia