Singlife partners Fullerton Fund to plug clients' retirement gaps

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.

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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 startup, in January 2022.