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AI threatens jobs of Singapore finance professionals

Singapore’s finance professionals are confident in their ability to learn and apply artificial intelligence (AI) skills, yet nearly half fear it could threaten their jobs, according to the ACCA’s Global Talent Trends 2026 report. The study, which surveyed over 11,000 finance professionals globally, including 140 from Singapore, highlights a paradox in the local workforce’s relationship with AI.

The report reveals that 81% of Singapore’s finance professionals feel capable of mastering AI, but 48% worry about its impact on their roles. Despite this, 51% are already using AI tools in their daily tasks. However, trust in AI for recruitment is low, with only 41% believing it can make fair hiring decisions.

Purpose-driven work is increasingly important, with 70% of respondents considering an organisation’s stance on social and human rights issues when choosing where to work. Additionally, 63% are interested in roles with an environmental focus, surpassing many developed markets.

The multigenerational workforce presents challenges, as 53% of respondents report difficulties in managing teams across five generations, compared to a 42% global average. Structured mentoring and mixed-age teams are suggested solutions.

Whilst 46% of Singapore’s finance professionals are satisfied with their pay, 52% plan to request a raise within the next year. Mental health remains a concern, with 52% experiencing work-related stress. Furthermore, 65% agree on the necessity of set office days, and 59% see office presence as beneficial for promotions.

Maurice Cheong of ACCA emphasised the need for employers to address technology, purpose, and career progression to retain top talent.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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