Financial knowledge and portfolio complexity in Singapore

• Main Authors: KOH, Benedict S. K., MITCHELL, Olivia S., ROHWEDDER, Susann
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Financial literacy; Investment; Portfolio diversification; Pension; Central Provident Fund; Retirement; Saving; Singapore; Asian Studies; Finance; Gerontology; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6087; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7086/viewcontent/Financial_knowledge_and_portfolio_complexity_in_Singapore.pdf
• Institution: Singapore Management University

Financial literacy in Singapore has not been analyzed in much detail, despite the fact that this is one of the world’s most rapidly aging nations. Using the Singapore Life Panel®, we explore older Singaporeans’ levels of financial knowledge and compare them to those observed in the United States. We...