DBS develops digital guidance framework for financial planning

DBS hopes to get more customers to accumulate wealth for the long term. ST PHOTO: TIMOTHY DAVID
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SINGAPORE - 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.

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