Singapore’s finance professionals generate $6.1b (US$4.7b) annually in investable income yet face significant challenges in investing due to stringent personal account dealing (PAD) restrictions, according to a report by Quinlan & Associates and Endowus. The report, titled “Investing in the Clear,” highlights the friction experienced by over 235,000 professionals in the sector.
The finance industry, a major contributor to Singapore’s economy, employs a substantial workforce that struggles with limited investment choices and heightened risks. Benjamin Quinlan, CEO of Quinlan & Associates, noted that these professionals encounter an “inferior investing experience” due to PAD restrictions designed to prevent insider trading and manage conflicts of interest.
Despite these regulations, only 37% of finance professionals feel confident about their retirement planning. The report indicates that 24% of employees desire more support from employers, yet only 16% of companies prioritise financial wellbeing in their benefits programmes. Samuel Rhee, Chairman of Endowus, emphasised the importance of consistent investing for future financial security, warning against the pitfalls of leaving savings idle.
Endowus data shows that finance professionals participating in employee investment programmes achieved a higher average return of 13.1% in 2025, compared to 12.3% for those outside such programmes. Gregory Van, CEO of Endowus, highlighted that these programmes simplify compliance and offer diversified investment options, leading to better financial outcomes.
The report suggests that reducing investment friction can enhance financial preparedness, thereby improving productivity and job satisfaction among employees. As finance professionals navigate these challenges, the industry faces a critical need to adapt and support its workforce in achieving long-term financial goals.
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