Quantcast

AXA invites Filipino-Chinese community to fail proof future

Around 250,000 Filipino families fall into a lifetime of financial hardships due to illness, with nine out of 10 Filipinos forced to use up their savings at a time of critical illness. Only 15 out of every 100 Filipinos are prepared to leave something behind for their families should something happen to them. Among retirees, only 9% are living comfortably, while the rest are just getting by or are living in poverty. More than 75% of Filipino elementary schoolchildren don’t make it to college, and only 15% get to finish college.

With these startling figures reflecting the need for increased financial literacy, AXA Philippines is inviting the Filipino-Chinese community for a “Fail Proof Your Future” seminar on Saturday, July 20, 2013, from 9 a.m. to 12 p.m. at Ramada Manila Central, Binondo, Manila.

“Throughout the year, Filipinos celebrate various milestones, such as the first day of school, a promotion to a dream job, and the transition from a storied career to retirement,” said Rien Hermans, President & CEO of AXA Philippines.

“We believe that these milestones are not only worth celebrating, but are also worth planning for. However, we’ve seen some very alarming statistics that point to the fact that many Filipinos do not prepare for their future.”

“Incomes are increasing, the economy is developing positively, so people have more money to spend, save, and take care of their financial future,” he added. “We at AXA are here to give our customers what they need to support and allow them to manage their financial future.”

“’Fail Proof’ Your Future’ is just one of the ways that we are reaching out to prospective customers,” Hermans further shared. “We will be running Fail Proof pocket sessions throughout the year in key cities nationwide to reach as many people as we can. We are optimistic that through these kinds of initiatives, we will be able to connect with more Filipinos and allow them to see the possibilities of having a secure, stable, and fail-proof future.”

Helping attendees understand the importance of saving and investing for the future personal finance coach Randell Tiongson.

Attendance to the “Fail Proof Your Future” seminar is free of charge. To register, please contact Montini de Guzman at montini.deguzman@axa.com.ph.

Comments are closed



Copyright 2014. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

News

  • DOH asks co-passengers of OFW carrier to test for MERS-CoV
  • ‘Shouldn’t we move?’ Ferry evacuation under scrutiny
  • 5.5-magnitude quake hits Sultan Kudarat
  • Passengers denied chance to escape sinking South Korea ferry
  • Firetruck rams California eatery; 15 injured
  • Sports

  • PH youth boxers off to stumbling start in AIBA World tilt
  • Durant has 42, Thunder beat Pistons 112-111
  • Walker leads Bobcats over Bulls in OT, 91-86
  • Man City slips further out of title contention
  • Federer would skip tennis to be with wife, newborn
  • Lifestyle

  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Moist, extra-tender blueberry muffins
  • Entertainment

  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Why Lucky has not bought an engagement ring for Angel
  • Derek more private with new girlfriend
  • Business

  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • PH presses bid to keep rice import controls
  • PSEi continues to gain
  • Number of retrenched workers rose by 42% in ’13
  • Technology

  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Tech company: Change passwords or suffer ‘Heartbleed’
  • Filling the digital talent gap
  • SSS to shut down website for Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Syria most dangerous country for journalists, PH 3rd—watchdog
  • Japan says visa-free entry still a plan
  • First Fil-Am elected to Sierra Madre, Calif. city council
  • UC Irvine cultural night to dramatize clash of values in immigrant family
  • Filipino sweets and info served at UC Berkeley Spring Fest
  • Marketplace
    Advertisement