In the coming decade, Asia will experience the largest intergenerational wealth transfer in its history. With an estimated US$5.8 trillion set to be passed on from the first generation of wealth creators to the next by 20301, this raises profound questions about how families across the region should prepare – not only in terms of financial assets, but in the preservation of values, traditions, and opportunities for future generations.
Building a legacy: How High Net Worth families use life insurance to secure wealth
November 06, 2025
Sun Life Singapore’s new indexed universal life products aim to help clients protect, grow and transfer their wealth with flexibility across generations.
Sun Life : Shaping wealth legacies for generations with insurance
October 10, 2025
Singapore’s status as a leading wealth hub shows no signs of slowing. The island-state continues to attract High Net Worth (HNW) and Ultra High Net Worth (UHNW) individuals and families from across the region. Over the past five years, the number of UHNW individuals in Singapore grew by 158 percent to 4,200, driven by newly minted citizens and the establishment of family offices. This figure is expected to rise by another 43 percent to around 6,000 by 2026 from Citywire Asia report.
Continuity or collapse: The silent risk in Asia’s great wealth transfer
October 10, 2025
Possibly the single greatest unspoken risk in Asia’s family enterprises is the death of the principal (a matriarch or patriarch), who holds everything together – key person risk – and it can unravel decades of wealth creation in a matter of weeks.
Legacy or loss? Insurance and the great wealth transfer
October 10, 2025
Asia stands on the cusp of possibly the largest intergenerational transfer of wealth in history. Trillions of dollars will change hands as the first generation of wealth creators in the region pass on their assets to the next generations. Singapore, already established as a hub for wealth management and family offices, sits at the heart of this shift.
Choosing between an Indexed Universal Life and a Universal Life insurance policy
August 20, 2025
Particularly appealing to high-net-worth individuals (HNWIs), an indexed universal life policy can provide wealth accumulation while preserving flexibility. This article explores what an IUL is, how it differs from traditional universal life (UL), and what to consider when evaluating it as part of a wealth growth and preservation strategy.
How to leave a legacy with Indexed Universal Life (IUL) insurance
June 24, 2025
To leave a legacy is to make a lasting impact—one that endures across generations. While wills and trusts remain key pillars of traditional estate planning, life insurance has emerged as a powerful, often underappreciated, component of a well-rounded legacy strategy.
Estate Planning in Singapore: Things to settle before you go*
April 11, 2025
Estate planning goes far beyond drafting a will —it forms a crucial component of a comprehensive wealth management strategy. Whether it's a family business, real estate holdings, or a diverse investment portfolio, a thoughtful estate plan ensures that an individual’s life work continues to grow and protects his family's financial future for generations to come.
Women’s Wealth in Focus - Building confidence and security
February 26, 2025
Women in Asia Pacific have made significant strides on the road to financial empowerment, with each new generation in greater control of their finances than the one before. However, many face financial and time pressures as they attempt to build wealth while caring for family members and balancing increasing healthcare costs with wider cost of living pressures.
Healthy Habits, Healthier Futures: Preventing Diabetes in Asia
November 14, 2024
Recent decades have seen an epidemic rise in diabetes cases, with more than 540 million people living with the condition worldwide, according to the International Diabetes Federation. More than 90 million of those are in Southeast Asia, and the number of adults with diabetes in the region is projected to soar to 152 million by 2045, presenting a serious public health challenge.
Brightening lives through purpose-driven giving
November 13, 2024
Philanthropic giving does more than just support those in need. By shining a spotlight on good causes, it inspires others to contribute as well. Sun Life Singapore unveiled its Life is Brighter charity fund, an initiative aimed at driving positive change.
Retirement Reimagined: Facing the future with confidence
October 17, 2024
By 2050, close to 1.3 billion people in Asia Pacific — one in four people — will be over 60 years old. This significant demographic shift, as large segments of the population reach old age and live longer, will create new challenges and opportunities for societies across the region.
Reimagining Life Insurance
July 16, 2024
Life insurance has evolved, from not only being an income protection tool to help a family through adverse situations, to one that is used strategically by HNW and UHNW individuals in wealth planning and to enhance philanthropy giving, leaving a legacy beyond the current generation.
Diabetes Prevention: 5 simple steps to reduce your risk of Type 2 Diabetes
June 30, 2024
Given that 1 in 4 Singaporeans could be affected by Type 2 Diabetes Mellitus (T2DM) by 2050, there is no better time to start thinking about diabetes prevention. Lower your risks of diabetes mellitus by following these simple lifestyle changes.
Diabetes: Symptoms, Risk Factors and Management
June 30, 2024
Did you know that 1 in 3 people in Singapore is at risk of diabetes? Whereas only 1 in 9 people aged 18 to 69 was affected by the disease in 2010, technological advancements had paved the way for increasingly sedentary lifestyles in the last decade. Without any intervention, it is projected that 1 million people in Singapore will have diabetes come 2050.
Financial planning is key to securing a prosperous future for Singapore
May 14, 2024
Singapore is becoming increasingly affluent as a wealth hub, but a general lack of financial planning by individuals could jeopardize their hard-won gains.