THERE are about 257,000 own-account workers in Singapore, forming about 9 per cent of the resident labour force, as at June 2022. Such workers – including professionals, platform drivers, hawkers and real estate agents – operate independently and provide various services to businesses and individuals.
Also known as gig workers, their number has remained fairly consistent over the years. They also consistently face unique challenges, including access to suitable and appropriate investment and financial products. These challenges mean that they require tailored solutions to achieve their financial goals.
In a recent research report, CFA Society Singapore – a not-for-profit organisation for...