Singlife partners Fullerton Fund to offer more products to plug retirement gaps

SINGAPORE - Singlife has inked a partnership with Temasek-backed Fullerton Fund Management to deliver a wider suite of financial solutions from insurance to investments, and to bridge retirement gaps for Singaporeans.

The exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme is also exploring how it can tap Fullerton’s asset management capabilities to deliver better returns for its policyholders.

Ms Helen Shen, Singlife’s group head of products, said insurance and investments are critical pillars of financial planning.

“As Singapore’s population ages, we need to help Singaporeans to prepare to live well as they age. Being financially ready and resilient is key,” she said on Oct 1.

The partnership with Fullerton strengthens Singlife’s ability to provide holistic solutions both in insurance and investments.

It will also give Singlife better access to Fullerton’s range of investment products, market expertise and innovation. 

Singlife is one of three government-approved long-term care insurance providers in Singapore. 

It was formed from the merger of Aviva Singapore and Singlife, originally an insurtech start-up, in January 2022.

Today, it is a subsidiary of Sumitomo Life, which acquired Singlife in 2024.

As at Dec 31, 2024, it had more than $16 billion in assets.

The collaboration will offer its customers and financial advisers Fullerton solutions across investment-linked insurance plans, its investment platform Grow with Singlife, and dollarDEX, a direct-to-consumer (D2C) unit trust investment platform. 

Fullerton will also provide its thought leadership and market insights, as well as engagement opportunities for advisers and customers. 

In turn, Fullerton will leverage Singlife’s established distribution network to broaden access to its investment solutions.

Ms Jenny Sofian, chief executive of Fullerton, said the collaboration delivers curated, high-quality solutions and expands access to opportunities that empower people on their journey towards financial freedom.

Singlife’s investment platform Grow will play a central role in the partnership, serving as a key wealth platform for Fullerton’s innovative investment solutions. 

In the last three years, Grow with Singlife has worked with Fullerton to deliver a series of product launches, including the Fullerton SGD Cash Fund Class C in 2023, the Fullerton Lux Funds – Global Absolute Alpha Class A (SGD) in 2024, and the Fullerton Lux Funds – China Equities Class A (SGD) in August 2025. 

Mr Farooq Lone, chief executive of Grow with Singlife, said Fullerton’s proven track record, deep investment expertise, and commitment to innovation make it an ideal partner for Singlife as the company expands its suite of differentiated offerings.

In September, Grow with Singlife unveiled an upgraded digital investment platform developed in partnership with InvestCloud, aiming to scale up its wealth offerings and enhance the adviser-client experience in Singapore.

The enhanced platform is designed to streamline the full investment journey for both advisers and clients.

For advisers, the upgrade introduces intuitive dashboards, a unified client view with performance tracking and reporting, and multi-fund switch tools to support faster portfolio rebalancing.

Clients, meanwhile, gain access to faster and more secure digital onboarding – available to individuals, families and corporates – as well as improved trading functionality.

The platform also features an expanded product centre for fund discovery and comparison, and a wider selection of mutual funds, including regular savings plan options.