Survey finds adviser-client mismatch on retirement

RetirementAlthough a large majority of Asian investors in a survey said they were considering retirement planning, two-thirds of financial advisers in a similar poll said they observed a low demand for such services. The survey of investors in Hong Kong, Japan, Singapore and Taiwan found that 81% said they thought about retirement planning while a further 71% said saving for retirement was a financial priority. Yet 66% of financial advisers who were contacted as part of the same research project said demand for retirement planning services was low. “This gulf in perception and attitudes is instructive,” said Wina Appleton, Asia Pacific retirement strategist at JP Morgan Asset Management, which arranged the survey. “It suggest individuals are aware that they may face a retirement savings shortfall, even if they don’t know how to start or maintain a plan for their long-term financial future.” A total of nearly 3,000 investment professionals and individual investors participated in the survey, which was carried out early this year in person and online. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.


SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.