The University of Tokyo has won the Daikyo Brokerage Limited Inter-University CompetitionTOKYO, JAPAN - (EINPresswire via NewMediaWire) - December 31, 2015 - Daikyo Brokerage Limited a privately held financial institution that has been a prodigy of the financial markets since its inception, held the competition aimed at raising the public awareness — especially among the younger generation — of the importance of early retirement -planning. Its three-member team scooped the top prize with an outstanding presentation.
The competition was open to all undergraduates at universities in Tokyo and was designed to encourage them to develop macro visions and a far-sighted approach to retirement solutions. According to a customer survey commissioned by Daikyo Brokerage Limited earlier this year, some 60 per cent of the respondents said that they did not start retirement planning until 35 years old or above, which shows that Tokyo people generally start their retirement planning quite late in their working life. The survey showed that on average, people started planning at the age of 39 — leaving them, with an expected retirement age of 64, only 25 years to accumulate their target retirement fund to support an ideal retirement life.
“It is crucial that people start their financial and retirement planning as early as possible,” commented Kunio Tanak, Chief Information Officer, Daikyo Brokerage Limited. “Tokyo is facing issues brought about by an aging population, and these will become more pronounced as time goes by. We see it as especially important for the youths— the pillars of our future — to be aware of this and we want to inspire them to think about what is required to achieve a worry-free future when people stop working.”
“We are delighted to see that so many university students feel passionately enough to share their views on this important issue,” said Mr. Tanak.
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