FPAM’s annual symposium featured speakers who spoke on various topics relevant to financial planning.
Financial Planning Association of Malaysia (FPAM) has organised the Annual Signature Financial Planning Symposium 2020 with the theme ‘Live Your Today, Plan Your Tomorrow’.
The event attracted 350 participants online and 100 attending at Sime Darby Convention Centre, Kuala Lumpur. The symposium is part of the FPAM Financial Literacy Year 2020 (FPAMFLY 2020) and is in support of the Financial Education Network (FEN).
FPAM President Ismitz Matthew De Alwis presenting his opening address during the symposium.
FFPAM President Ismitz Matthew De Alwis led the opening address and congratulated the financial planners for their continued dedication towards their clients during the pandemic. He reiterated the importance of financial planning among Malaysians and how FPAMFLY’s initiatives have helped public outreach through its financial education series.
The guest of honour, Securities Commission Malaysia (SC) Executive Chairman Datuk Syed Zaid Albar, in his keynote address, said that although investors are going through very uncertain times, the awareness of financial planning and management is increasing.
He stressed on the importance of financial education for the wellbeing of Malaysians as people are still victims of scams due to the lack of exposure and understanding when it comes to financial concepts.
On top of this, Syed Zaid also acknowledged FPAM and its initiatives together with the SC’s efforts in line with the Financial Education Network (FEN) to conduct financial education programmes.
FPAMFLY 2020 Organising Chairperson Nicholas Chu delivering his speech.
Meanwhile, FPAMFLY 2020 Organising Chairperson Nicholas Chu revealed that, to date, 14 Financial Literacy Outreach Programmes were completed to help members of the public affected by the country’s Movement Control Order (MCO).
These included a weekly personal finance webinar with BFM which targeted the working class and small and medium enterprise (SME) owners, and a six-module Employee Financial Wellness Programme, a pilot programme with BFM89.9 that will continue into 2021 for other companies and associations.
Speakers at the symposium spoke on an array of topics including the economic outlook post-Covid-19, strategic asset allocation during the pandemic for long-term portfolios, risk management in uncertain times, and the FEN’s role in elevating financial literacy among Malaysians, among others.
MFPYA Winners (from left) Cheah Yee Nin, Gunaseelan A/L Kannan and V. Thanga A/L Venu.
In other news, the Malaysia Financial Planner of the Year (MFPYA) 2020 Awards also took place during the symposium. The finalists are Gunaseelan A/L Kannan (Winner); V Thanga A/L Venu (First Runner-Up); and Cheah Yee Nin (Second Runner-Up). All three finalists received trophies and cash prizes from FPAM and other sponsors.