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CFA SINGAPORE INSIGHTS

Ethical concerns in dealing with elderly investors

The CFA Institute Standard helps enshrine privacy while allowing one to raise the alarm to protect investors

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According to the Singapore Police Force, at least S$99 million was lost to scammers through various forms of fraud last year. One group of investors continues to be targeted - elderly people.

SINGAPORE'S population is ageing rapidly. By 2030, the number of seniors aged 65 years and above will nearly double to over 900,000. Many people often find themselves only starting to save and plan for retirement late in their working years. With a shorter runway to grow their retirement funds,

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