SINGAPORE, Oct 27 (Minutesmy) — Longbridge Securities Singapore and the Securities Investors Association (Singapore), known as SIAS, have signed an agreement to improve investor education and financial literacy.
The agreement aims to help investors understand financial markets and use artificial intelligence (AI) tools more effectively.
Signed on October 26, the memorandum of understanding (MoU) sets out plans for educational activities, community outreach and practical learning sessions.
Workshops to Help Investors Build Financial Skills
The partnership will include market outlook sessions, practical workshops at Longbridge Café and community programmes.
These activities will help people learn about financial markets and develop their research skills. They will also give investors opportunities to practise using digital tools.
The programme is intended for people with different levels of investment experience and confidence with technology.
AI Brings New Challenges for Investors
AI tools can help investors find information and study market trends. However, users still need to check the accuracy and relevance of the information they receive.
Longbridge and SIAS said financial knowledge and critical thinking are increasingly important as AI changes how people research investments.
Gavin Chia, Singapore and Regional CEO for Southeast Asia at Longbridge Securities, said the partnership aims to connect technology with financial education.
He said the initiative would give investors more opportunities to build their knowledge and practise using digital tools.
SIAS Highlights the Importance of Financial Literacy
SIAS vice-president Ang Hao Yao said investor education must keep pace with changes in technology.
He stressed that investors need to understand financial fundamentals and question information generated by AI tools.
The partnership aims to make financial education practical and accessible to people with different levels of investment knowledge.
Supporting Better-Informed Investment Decisions
Longbridge is an online brokerage headquartered in Singapore. SIAS promotes investor education, investor rights and good corporate governance.
Through the partnership, both organisations aim to help people make better-informed investment decisions.
The initiative also highlights the importance of using AI responsibly while understanding its limitations.
Source: PR Newswire | Rewritten By Minutesmy
Picture Credit : PR Newswire
