KUALA LUMPUR, Sept 2 (Bernama) -- FPAM is pleased to announce the collaboration with GIFT10 for the complimentary Online 1-1 Financial Advisory (“O121FA”) to GIFT10 beneficiaries.
 
GIFT10 is a charity crowdfunding program for the needy launched in April 2020. A non-profit, it is managed by a group of passionate volunteers under the helm of the Co-Founder, Datuk Paul Khoo to help deserving families and individuals undergoing financial crisis.
 
The pilot program is scheduled to begin from 1^st September 2021 until 31^st December 2021. FPAM has a total of 25 Licensed Financial Planners volunteers who are listed in SmartFinance to provide a 1-hour complimentary, product-free and financial advice to GIFT10 beneficiaries. The 1-hour financial advice fee is mutually agreed upon FPAM and LFPs which will be then shared equally.
 
“The collaboration is to ensure the money raised from GIFT10 is managed wisely by the GIFT10 beneficiaries”, said GIFT10 Co-Founder and Exco Member, Datuk Paul Khoo. FPAM President, Mr. Paul Low added that, “it will also demonstrate to financial planners that you can earn an income through fee-for-advice”.
 
GIFT10 and FPAM will evaluate the outcome at the end of the pilot program with the intention to scale up for the financial planning industry as a whole.
 
About Financial Planning Association of Malaysia
 
The Financial Planning Association of Malaysia (FPAM) is the pioneer professional body for financial planning in Malaysia. It is a not-for profit organization with the twin mission of continuously professionalizing the industry and educating the public on the importance of financial planning. It administers the CERTIFIED FINANCIAL PLANNER® certification program.  FPAM also jointly own with IBFIM the Islamic Financial Planner qualification program.  Both of which are recognized by the Securities Commission and Bank Negara Malaysia for licensing purposes. FPAM has more than 40 Charter and Corporate members, many of whom are among the most established financial institutions in their sector. It has its headquarters in Petaling Jaya, which provides a focus for business networking and professional development activities for it more than 4,000 members. FPAM is an affiliate member of the international organization, Financial Planning Standards Board Ltd. For more information, visit www.fpam.org.my on certification and membership.
 
CFP®Certification Global excellence in financial planning
 
CFP^CERT ™, CERTIFIED FINANCIAL PLANNER® and certification marks owned outside the U.S. by Financial Planning Standards Board Ltd.  Financial Planning Association of Malaysia is the marks licensing authority for the CFP marks in Malaysia, through agreement with FPSB.
  
Source: Financial Planning Association of Malaysia
 
FOR MORE INFORMATION, PLEASE CONTACT:
Financial Planning Association of Malaysia
Tel 03 7954 9500
Email: info@fpam.org.my
Website: www.fpam.org.my

--BERNAMA