PETALING JAYA: Legacy planning and the transfer of wealth is becoming increasingly important with Singaporean and Malaysian families, says Etiqa’s latest Wealth Transfer Survey 2025.
Etiqa Insurance and Takaful group chief executive officer Kamaludin Ahmad said it’s becoming more common among families to not only pass on wealth, but to pass on stability, values and security.
According to Kamaludin, there has been a generational shift in financial planning.
“The study reminds us that legacy is also about the thought and planning behind it. Younger Singaporeans and Malaysians are reshaping how they save and invest. It’s no surprise they are now influencing how legacy is discussed and planned,” he noted.
According to the findings of the survey, with included residents aged 18 to 60, 77% of Singaporean respondents affirm the importance of passing on wealth, as did 55% of Malaysian respondents.
Furthermore, 83% of Singaporeans believe it is important to discuss inheritance openly, a shift led by younger respondents, while 57% of Malaysians are actively encouraging their parents and elders to speak candidly about legacy planning.
