You are a managing partner with one of the major consulting firm and you see a possible business opportunity to consult for the various government bodies to prepare Singaporeans better for their retirement. You get together a team of specialist within the firm to work on possible pitches. One possible angle is to encourage SRS penetration rate both in terms of the width (getting more SRS accounts open) and depth (getting the maximum yearly contribution from each SRS account).
Analyse and appraise five (5) ways to increase the width and depth of SRS penetration in Singapore.(Note that a regurgitation of SRS facts will not be given any credit)
You need to provide 10 ways in total. 5 for width and 5 for depth of SRS penetration.
You need to be firmilar with SRS in Singapore.