Morning Digest, Oct 14 -

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Singapore has top retirement income system in Asia; industry expert suggests opening CPF to non-residentsIn a recently-published ranking of retirement income systems around the world, Singapore scored the highest in Asia and ranked ninth overall.

Meanwhile, Japan and Malaysia showed the most improved retirement income systems on the 14th annual Mercer CFA Institute Global Pension Index, which compares 44 retirement income systems across the globe, covering 65 per cent of the world’s population.

During a Forward Singapore conversation for social service practitioners that took place on Oct 10, Mr Wong acknowledged the increase in the prices of resale homes as well as the long wait for HDB flats as significant concerns for young people in Singapore, adding that building new flats is now being ramped up.Photo: Unsplash/Vanna Phon .

In a post on the SingaporeRaw Reddit thread earlier this week, a netizen wrote about how bad employees in the food and beverage industry in Singapore have it. Having worked in the industry in a number of countries across Asia, the netizen wrote in an Oct 10 post that “rank and file F&B workers are treated the ABSOLUTE WORST in Singapore.”

 

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