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BestWeek Asia/Pacific: At What Age Do Affluent Asians Start Retirement Planning?


OLDWICK, N.J. -- Most affluent Asians are starting their retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional.  earlier, at age 36, as the global economic recession deepens. That compares with 39 years old just last year, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 an Axa Asia Pacific study reported in this week's issue of BestWeek Asia/Pacific.

A.M. Best Co.'s BestWeek Asia/Pacific is a multimedia online digital newsletter for insurance professionals. The 7 April edition is available at www.bestweek.com/bwap040709.html or by visiting www.bestweek.com.

Also covered are the strategic approaches of Australia's Insurance Australia Group Insurance Australia Group Limited (IAG) is an Australian publicly-listed company with its shares traded on the Australian Stock Exchange as ASX: IAG.

The company was formed by the demutualisation of the NRMA Insurance business in July 2000 and a return of shares to the
 and New Zealand's Farmer's Mutual Group to a market with rising loss costs and volatile investment results.

The edition includes audio interviews with Rebecca Chan Rebecca Chan Sau Chu (陳秀珠) is a tvb actress. She has joined TVB since 1979, when she competed at the Miss Hong Kong 1979 pageant. She finished as a top 10 semifinalist. , regional chief marketing officer for Axa Asia Pacific, and Dave Kibblewhite, chief financial officer of Farmer's Mutual Group.

Video reports include a review of the A.M. Best Stock Indexes for Asia/Pacific, Global Brokers and Global Reinsurers and video news updates.

For a complimentary subscription, visit www.bestweek.asia.

Founded in 1899, A.M. Best Company is a global full-service full-serĀ·vice
adj.
Associated with or offering complete service: full-service gasoline pumps; full-service banks. 
 credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.
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Publication:Business Wire
Date:Apr 7, 2009
Words:208
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