Investors over the age of 50 take a shine to robo-advisers

Digital platforms are making it easier to invest in higher-yield assets amid low interest rates

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Investors over the age of 50 are taking a greater liking to robo-advisers, which have tended to be more popular among the younger folk.

It helps that these digital investment platforms are becoming more mainstream and making it easier for people to invest in higher-yield assets like equities amid the low interest rates now prevailing, Mr Kelvin Goh, head of wealth advisory at OCBC Bank, told The Straits Times.

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A version of this article appeared in the print edition of The Straits Times on July 05, 2021, with the headline Investors over the age of 50 take a shine to robo-advisers. Subscribe