MFPC (Malaysian Financial Planning Council)

Malaysian Financial Planning Council (MFPC) was established to promote the development of financial planning as a profession and to provide a strong self-regulatory framework that supports the growth of the financial planning industry in Malaysia. It was formed to promote the RFP as a common benchmark qualification for financial planners within the Financial Planninng industry.

The objectives :-

• To be the national financial planning organization for the purpose of unifying and strengthening accountability, compliance and conformance to laws and regulations by financial planning providers and practitioners and to enhance self-regulation among them.

• To focus on the nationwide development and advancement of financial planning providers and practitioners with an objective for convergence and uniform practice standards.

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  To set technical standards for membership, examination and certification requirements, establish a professional code of ethics and compliance and advance the knowledge of the members by way of technical support and education programmes.

By Great Wealth Advisory http://greatwealth88.blogspot.com/

FPAM (Financial Planning Association of Malaysia)

The Financial Planning Association of Malaysia (FPAM) is a non-profit organisation In Malaysia to educate the public on the benefits of financial planning. It was formed in December 13, 1999 to promote the CFP certification in the financial planning profession in Malaysia.

The objectives :-

- to establish a professional self-regulatory organisation to benefit the public by fostering professional standards in financial planning

- to introduce the concepts of financial planning to practitioners and other related professionals in the financial services industry

- to develop practice standards for the profession in Malaysia

- to establish open dialogues with financial services entities and encourage them to adopt ethics, education and practice standards for their representatives

- to develop strategic partnerships with consumer groups to promote the importance of financial planning

- to promote and assist academia in establishing a knowledge base for financial planning in Malaysia

- to strengthen cooperation with the international Financial Planning Standards Board and other national affiliates to develop cooperative policies that promote the CFP certification as the globally recognized standard of excellence for financial planners

By Great Wealth Advisory http://greatwealth88.blogspot.com/