Business
Too many financial advisers Part 3 (flooded with financial advisers)
By Wilfred Ling, The IFA on Duty  •  February 9, 2011
Goodnesss… more than 34,000 financial advisers in Singapore was what I read today. This is just absurd. The number of financial salespersons is a horrible number of more than 34,000 according to the latest figure published HERE (http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=). Previously I had thought there were only 20,000. This means, that the ratio of taxpayers to financial advisers is 28:1......
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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