Most Singaporeans lack trust in financial planning industry: poll
Singapore
THE lack of trust in the financial planning industry is the key reason why majority of Singaporeans do not engage in financial planning here, even though they are conscious of the need to do so.
A survey conducted by the Financial Planning Standards Board (FPSB) between June and July last year, found that seven in 10 respondents said they did not know who to trust (for financial planning), making it the top barrier to personal financial planning.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance