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DBS beefing up its NAV Planner for investors to grow wealth
Bank develops digital guidance framework for financial and retirement planning
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DBS Bank's Takashimaya Shopping Centre branch, which focuses on self-service banking and personal financial planning service. The bank's NAV Planner was launched in April last year and has since amassed about 2.2 million users. More than half of the users are aged 45 or younger.
ST PHOTO: GAVIN FOO
DBS Bank is ramping up its flagship financial and retirement planning tool to better help investors grow their wealth and monetise their assets.
It told The Straits Times that just 20 per cent of its retail customers invested over the past 12 months - a surprising finding given that more people were generally trading and investing to take advantage of market corrections caused by the pandemic-induced volatility.
