Nearly 1 in 2 Singaporeans have seen a deterioration in their financial wellbeing since Covid-19 hit: Prudential Survey

Nearly one in two, or 47% of Singaporeans have experienced a deterioration in their financial wellbeing since the onset of the pandemic.

Of these individuals, 43% noted a decline in their wage-earning prospects, while 47% said that will “struggle to independently meet my financial needs, but will manage”.