KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian Financial Planning Council (MFPC) has successfully hosted the PITA Teh Tarik Session on 8 January 2025. The event was held at the secretariat’s office, which brought together over 40 key industry representatives, including esteemed organisations such as the Asian Institute of Insurance (Aii), Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA), and 23 Insurance Companies and Takaful Operators (ITOs).
 
For an introduction, the Professionalism of Insurance and Takaful Agents (PITA) programme, led by MFPC and aligned with Bank Negara Malaysia’s (BNM) regulatory requirements, aims to enhance the professionalism and advisory capabilities of insurance and takaful agents in Malaysia. Through MFPC's certifications, such as RFP Module 2 and Shariah RFP Module 2, PITA equips agents with essential risk management and financial planning competencies, with a strong focus on insurance and takaful practices.
 
The session started with Mr. Andy Ng, MFPC President, welcoming all participants and expressing gratitude for their attendance. He highlighted MFPC’s commitment to upholding BNM’s regulatory standards and reaffirmed the council’s dedication to collaboration, professionalism, and achieving a brighter future for the industry and Malaysian public.
 
The session continued with a comprehensive PITA update by our Executive Director, Ms. Chung Kar Yin, which highlighted the Council’s approval of unlimited free resits for the PITA examination. This initiative, effective from 9 January to 31 December 2025, aims to alleviate test anxiety, promote equitable access, and encourage continuous learning among practiced agents.
 
Mr. Anthony Ang, Chairman of MFPC Certification and CPD Board, then moderated an interactive Q&A discussion to address challenges in programme implementation by ITOs. The event concluded with a delightful lunch, providing ample opportunities for meaningful networking.
 
MFPC would like to extend our heartfelt gratitude to our esteemed guests—Mr. Paul Low, CEO of Aii; Mr. Mark O'Dell, CEO of LIAM; and Mr. Mohd Radzuan Mohamed, CEO of MTA—for honouring us with their presence and support. Our sincere appreciation also goes to all the ITOs representatives whose participation and valuable contributions were instrumental in making the session a success.

About Malaysian Financial Planning Council (MFPC) 
Established in 2004, MFPC is dedicated to advancing the financial planning profession in Malaysia. Providing recognized financial planning qualifications, including Registered Financial Planner (RFP) and Shariah RFP, MFPC ensures adherence to high professionalism standards through Best Practice Standards and a Code of Ethics. The council actively addresses financial literacy issues with initiatives like "My Money and Me" workshops, contributing to the nation's progress through financial empowerment. Recognized with prestigious awards, MFPC reflects a commitment to excellence and innovation
 
Our website: www.mfpc.org.my  

SOURCE: Malaysian Financial Planning Council (MFPC) 

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohd Farhan Azizan
External Relations, Research and Publication
Malaysian Financial Planning Council
Tel: +6 019 2773521
Email: farhan@mfpc.org.my 

--BERNAMA