Malaysia ups ante on financial advice
The Malaysian Ministry of Finance has launched a regional retirement and financial advice program for members of the government-backed Employees Provident Fund.
The program – which is aimed at raising financial literacy awareness in the Southeast Asian country – will first be piloted in the Klang Valley region before being rolled out nationwide, the Borneo Post has reported.
EPF chief executive Datuk Shahril Ridza Ridzuan said the government would be partnering with other institutions in launching the service.
“We will be working hand in hand with other agencies such as Credit Counselling and Debt Management Agency and Bank Negara Malaysia to get the right training for our people,” he said.
Advertisement
Advertisement
0 commentsjoin the conversation
latest news
VanEck ETF model portfolio to cater to lower rates
VanEck has released its Income ETF Model Portfolio that aims to provide recommen...
Death benefit planning to feature in 2020 SMSFA conference
The issues surrounding the financial planning of death benefits will be one of t...
Advice software firm releases bushfire relief hub
A software firm specialising in online tools and learning for advisers has built...
Subscribe to the ifa bulletin
Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy
