In Good Company: Singaporeans should retire at 70, says Mercer boss

Having one of the best longevity rates in the world, Singapore must seriously consider that, he says

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A few months after David Anderson got his first full-time job, at Australia's AMP Financial Services, arrived the great stock market crash of Oct 19, 1987 that came to be known around the world as Black Monday, except in Australia where it was called Black Tuesday because of the time zone difference.

Following a collapse in Asian stocks, the Dow Jones Industrial Average fell 22 per cent that day and around the world millions of investors lost their shirts.

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A version of this article appeared in the print edition of The Sunday Times on March 31, 2019, with the headline In Good Company: Singaporeans should retire at 70, says Mercer boss. Subscribe