Money Hacks Ep 62: What is a robo-advisory?

10:15 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

Robo-advisers are becoming more common in Singapore, but just what is a robo-advisory and how is it different from traditional investing methods?

Chris Lim hosts Evy Wee, head of financial planning & personal investing at DBS, who explains the basics:

1. What is a robo-advisory? (0:24)

2. Are robo-advisers easier for people who are starting their investing journey? (1:16)

3. What kind of fees are involved? (4:20)

4. Equities vs ETF portfolios: what are the basic considerations? (7:57)

Produced by: Chris Lim and Lee Kim Siang

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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