ageing crisis

LONGEVITY BONUS OR LONGEVITY CRISIS?

From Straits Times 19 April The International Monetary Fund )IMF) has just released its Global Financial Stability report 2012. The report carries a warning of the rising healthcare costs of ageing. An underestimation of the average life span by a mere three years can translate into additional trillions of dollars in pension and healthcare costs […]

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ASIA AT EPICENTRE OF AGEING CRISIS

“Asia is the epicentre of the ageing crisis.” This was the comment made at a recently concluded conference on retirement planning held in Singapore. The numbers are alarming. By 2050, the world’s over-65 population is expected to treble to one in six people. Asia’s over-60 population will quadruple to 1.2b. That’s the equivalent of China’s

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