GE2025: NTUC will 'learn the right lessons and do better' following Income-Allianz saga, says labour chief Ng Chee Meng

GE2025: Income-Allianz deal made in good faith, NTUC will do better, says Ng Chee Meng

Labour chief's comments came after the WP questioned NTUC’s support for the sale of Income Insurance. Read more at straitstimes.com.

GE2025: NTUC will 'learn the right lessons and do better' following Income-Allianz saga, says labour chief Ng Chee Meng

Mr Ng, who is the NTUC secretary-general, said he has initiated a review at NTUC Enterprise to ensure that they learn the right lessons and do better for fellow Singaporeans.

Pritam Singh: Maybe SM Lee only wants to present one side of facts on Income-Allianz deal

SINGAPORE: The thwarted deal between Income and Allianz last year has become a hot-button issue in this election cycle, especially after an open letter was published by former National Trades Union Congress (NTUC) Income CEO Tan Suee Chieh, who had objected to it. The issue was also brought up in the first Workers’ Party (WP) […] The post Pritam Singh: Maybe SM Lee only wants to present one side of facts on Income-Allianz deal appeared first on …

Ng Chee Meng: Income-Allianz Deal Was Done In Good Faith, But We Will Learn From It

NTUC Secretary-General Ng Chee Meng explained that the decision to partner with German insurer Allianz was made in good faith. Speaking at the rally at Fern Green Primary School on Apr 27, 2025, he said NTUC Enterprise took action because they believed it was necessary to strengthen Income Insurance and ensure it could continue serving Singaporeans for the long term. Ng highlighted that Income’s market share had fallen sharply, from 20 per cent …

GE2025: 'We will learn the right lessons and do better,' says NTUC chief Ng Chee Meng on Allianz-Income deal

Jalan Kayu SMC People's Action Party (PAP) candidate Ng Chee Meng has said that he will learn from the feedback from the Allianz-Income saga and do better. He addressed the matter during the party's rally at Fern Green Primary School on Sunday (April 27) evening. Ng said that in the course of his work in NTUC Enterprise, "problems do crop up time to time", such as the Income-Allianz deal in 2024. "The proposed deal was done in good faith and was…