Singaporeans need to plan more for retirement: HSBC survey

A survey by HSBC published this week has found that familial ties remain strong among Singaporeans, but better planning for retirement is urgently needed. The HSBC survey found the majority of Singaporeans are financially supporting their elderly parents. Despite getting financial support from their children, Singapore's elderly still experience some degree of financial difficulties. They are also less tech-savvy when it comes to managing their finances and many do not have a professional inheritance plan in place. This research took the views of more than 2,200 people in Canada, main...