KUALA LUMPUR, April 6 (Bernama) -- The Malaysian Financial Planning Council (MFPC), and Kenanga Investors Berhad (Kenanga Investors) signed a Memorandum of Agreement (MoA) in respect of Kenanga Investors’ goal to enhance careers of financial practitioners with financial planning qualification. The RFP will be able to provide a full analysis for a potential client and suggest possible solutions for a client to attain financial well-being.
The Registered Financial Planner (RFP) programme is a financial planning qualification programme that was introduced and launched in November 2002 by the then Governor of Bank Negara Malaysia, Tan Sri Dato Dr Zeti Akhtar Aziz. 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. Subsequently, in line with the developments in the Malaysian Financial landscape, the RFP & Shariah RFP designations were approved by Bank Negara Malaysia as a professional qualification for the application of the Financial Adviser License and Financial Adviser Representative License, and by the Securities Commissions Malaysia for the application of the Capital Market Services License. The RFP & Shariah RFP programmes are 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.
In consideration of Kenanga Investors being amongst the country’s leading asset and wealth management company, MFPC is optimistic that this initiative will produce significant results and achieve success. This will then ensure that Malaysians would be able to obtain professional financial planning advice. Currently, apart from the individual advisers attached to the 39 licensed financial planning firms, the Employees Provident Fund (EPF) and Agensi Kaunseling & Pengurusan Kredit (AKPK) have ensured that all the frontline customer serving personnel are professionally qualified with the RFP designations.
President of MFPC, Vincent Kwo Shih Kang said, “It is our hope that through this collaborative effort of both entities, personnel from Kenanga Investors will stand in an even better stead as professional financial planners in the financial services sector”.
Financial planning is the methodical approach enabling a person or business to achieve monetary goals through the optimum deployment of resources. It has the prospects and poises to be an important factor in transforming the financial system of Malaysia. In collaboration with members of the Financial Education Network (FEN), the Council’s national initiative; “
My Money & Me” offer free basic financial literacy programme to all the Rakyat.
Source: Malaysian Financial Planning CouncilFOR MORE INFORMATION, PLEASE CONTACT: Name: Nazmi Hakim MahmudExternal Relations, Research & Publication
Malaysian Financial Planning Council
Tel: +603 6203 5899 / 017-3687035
Email: hakim@mfpc.org.my --BERNAMA 
