Daily Archives: September 26, 2014

Manulife Survey Showed Pinoys Positive on Pensions

Retirement Life

Recently, I came across a post on Facebook that links to a story about a Filipino professional’s dilemma on his pension upon retiring. The story must have caught up with the working population in the country as I saw several posts on social media after, some reacting negatively, while one blog post addressed the topic quite well. But according to the latest Manulife Investment Sentiment Index, majority of Filipino investors are satisfied with their government pension. But that is based on assumptions and a cash-dominant approach to retirement. Apparently, two-thirds of the survey respondents disclosed that they are confident that their government pension would be enough to meet their needs when they retire. According to Manulife, the result is the highest level of all surveyed markets. In contrast, across all surveyed markets the proportion of confident investors was less than 40 percent, and as low as one-in-ten in some markets. ...

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