Commentary

How to bring back the retail investor?

Firms, shareholders and brokers all have part to play in restoring confidence and trust

It is disappointing to read that only 10 per cent of Singapore retail investors believe their investment adviser or firm always puts their interests first, compared with a global average of 35 per cent, based on a study reported in The Business Times last month.

The study commissioned by the CFA Institute also found that less than half (47 per cent) "trust or completely trust" the financial services industry. Although this was better than the global average of 44 per cent, it was the third-lowest score in the Asia-Pacific.

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A version of this article appeared in the print edition of The Straits Times on May 14, 2018, with the headline 'How to bring back the retail investor? '. Print Edition | Subscribe