Singaporeans open to seeking financial guidance from robo-advisers

Singapore

EVEN as Singapore investors are found to lead their global peers in tapping human financial advisers, they also show a high level of openness to using robo-advisers.

The Legg Mason Global Investment Survey 2017 showed that 61 per cent of Singaporean respondents consult human financial advisers, the highest among all the 17 countries surveyed and surpassing the global average of 46 per cent.

But 60 per cent of them are also "somewhat" or "very comfortable" consulting a robo-adviser, ab…