Korean pensioners poorest in developed Asia
And Asian wealth as a whole is over-concentrated in property and bank deposits, finds a Manulife survey.
Asia’s lower social spending by governments and individuals’ declining financial dependency on their families, among other things, mean the region’s fast-ageing populations often face income insecurity when they enter retirement.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.