Singapore has again been ranked top in Asia for providing financial security for retirees that is both adequate for the individual and sustainable for the economy.
For 10 years running, the Melbourne Mercer Global Pension Index ranked Singapore at the top in the region. This year, the republic was given an overall score of 70.4 out of 100, a B grade, ahead of the global average of 60.5.
But there is room for improvement, and some of the suggestions include raising the Central Provident Fund (CPF) withdrawal age.
