PENGKALAN CHEPA, Dec 8 (Bernama) --  The Malaysian Financial Planning Council (MFPC) today leaped on another stage of their existence, as they officially sign a memorandum of agreement (MoA) with the Global Entrepreneurship Research and Innovation Centre (GERIC) Universiti Malaysia Kelantan (UMK). In consideration of the good reputation and the quality of education offered at UMK, MFPC is optimistic that this initiative will produce significant results and achieve success. The collaborative efforts with GEIRIC UMK as the education provider for the RFP (Registered Financial Planner) and Shariah RFP programme will further support the aspiration of Malaysia to have sufficient personnel with professional financial planning credentials. RFP and Shariah RFP are professional designations recognised by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) for licensing purposes. 
 
In today’s remarkable event, UMK in collaboration with MFPC, VKA Wealth Planner and Persatuan Perancang Kewangan Malaysia also organized a conference on financial planning and wealth management. The conference took place at Dewan Keusahawanan Universiti Malaysia Kelantan, Kampus Kota, Pengkalan Chepa.
 
At the event, Vice Chancellor UMK, YBhg. Prof. Dato’ Dr. Mortaza bin Mohamed in his speech remarked that financial planning is indeed important for one to achieve financial success. Today’s conference was organized at a time when global and local economy is undergoing profound changes especially from eroding yields of investments. He strongly believes today’s collaborative efforts will provide valuable knowledge to students and consumers at large on the importance of financial planning.

“To help educate and inform the consumers and society at large, the Ministry of Higher Learning welcomes industry-university initiatives that build on the new platform to enhance financial planning education and money management industry. A key example is this one and only UMK-MFPC’s Professional Partner Program, which aims to enhance the professionalism of the financial planning industry. I'd also like to congratulate UMK on the setting up of the Wealth Lab together with MFPC that is designed to improve the financial knowledge of graduates pursuing higher education in universities and the societies from a young age to adulthood and into their retirement years”, he added.

Ever since its inception in 2004, MFPC has worked towards developing the financial planning profession through its professional education programmes and introducing several initiatives and projects to raise the financial literacy of Malaysians from all walks of life. The RFP programme is also accredited by the Finance Accreditation Agency (FAA), an agency that is responsible for certifying the standards and quality of professional learning and development in the financial services industry.

About:- 
Malaysian Financial Planning Council (MFPC)  
 
MFPC is an independent body set up with the noble objective of promoting nationwide development and enhancement of the financial planning profession. MFPC provides an evolving set of Best Practice Standards and Code of Ethics that must be adhered to by Registered Financial Planner (RFP) and Shariah RFP designees. This requirement is aimed at ensuring that the public will be served with the highest quality of financial planning services. MFPC was registered on 10th of March, 2004 under the Societies Act, 1996. The Registered Financial Planner (RFP) programme was launched by the former Governor of Bank Negara Malaysia, Y.Bhg. Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz in November 2002. 
 
The RFP designation was approved by Bank Negara Malaysia (BNM) as the prerequisite qualification to apply for the Financial Advisers’ License and Financial Advisers’ Representative License. RFP designation was also approved by Securities Commission Malaysia for the application of the Capital Markets Services License (CMSL) in view of the introduction of the Capital Markets and Services Act 2007.

Please visit: www.mfpc.org.my
 
SOURCE : Malaysian Financial Planning Council
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name : Mervin Anthony
Manager
External Relations and Project Management
Malaysian Financial Planning Council
Tel : +6 03 6203 5899
Email : mervin@mfpc.org.my
 
--BERNAMA