SINGAPORE (Oct 4): Joining Singapore’s rising gig economy certainly comes with benefits, such as flexibility and job satisfaction, that a regular nine-to-five desk job may not offer. Those who opt to do so are however finding it harder to save compared to full-time employees, finds a new study by Manulife.

According to the Manulife Investor Sentiment Index (MISI), Singaporeans are expecting to need an average of US$1 million in savings to retire – with close to 40% of the 500 respondents, comprising both gig workers and regular employees, indicating a savings gap of over US$0.5 million.

In particular, gig workers surveyed have a much wider average savings gap of US$893,000 compared to... (Click here to read the full story)