Insights from FPAM's Annual Signature Financial Planning Symposium 2024

Kuala Lumpur, Malaysia - May 8, 2024

The Financial Planning Association of Malaysia (FPAM) recently hosted its flagship Annual Signature Financial Planning Symposium 2024, a pivotal event in the Malaysian financial landscape. Held at the Menara Affin Auditorium and virtually on Zoom on May 8, 2024, the symposium gathered industry leaders, professionals, and thought leaders to explore the latest trends and innovations in financial planning under the theme "Navigating the Financial Landscape."

Mr. Alvin Tan Chin Cherng, President of FPAM, set the tone for the event by emphasizing the importance of adapting to rapid technological changes and market dynamics. He underscored the significance of equipping financial professionals with cutting-edge tools and perspectives to thrive in an increasingly dynamic financial environment.

Dato’ Seri Dr Awang Adek Hussin, Chairman of the Securities Commission of Malaysia, delivered a keynote address, highlighting the symposium's alignment with national financial strategic goals. His participation underscored the event's role in supporting Malaysia's economic and financial well-being. Dato’ Seri Dr Awang Adek Hussin also shared insights into the moderate growth of the Malaysian economy and the increasing shift towards digital and sustainable investments.

The symposium featured a diverse array of topics presented by renowned speakers, including:

  • Detecting and Combating Money Laundering: Foo Wei Min, ACP Assistant Director of Money Laundering Investigation (AMLA) at the Royal Malaysian Police, provided insights into strategies for combating financial crimes.

  • AI and its applications in Financial Planning: Michael Heaney, Partner at Ernst & Young Consulting Sdn Bhd, explored the transformative potential of artificial intelligence in financial planning.

  • The impact of E-Invoicing: Lam Kwai Soon, COO & Tax Managing Director at Cheng & Co Group, discussed the implications of e-invoicing on financial practices and taxation.

  • ESG considerations in financial planning: Chris Tse, Chairman of the Institute of Financial Planners of Hong Kong Ltd, highlighted the growing importance of environmental, social, and governance factors in investment decisions.

  • Enhancing portfolios through the Capital Market: Shahrul Amry Malek, Head of Strategic Business Partners and Governance at Affin Hwang Investment Bank Berhad, explored strategies for optimizing investment portfolios.

According to FPAM, the symposium serves as a crucial platform for knowledge sharing and professional development. By fostering collaboration among industry stakeholders and providing insights into key areas such as personal wealth management and regulatory changes, the event empowers financial planners to better serve their clients and navigate the evolving financial landscape.

FPAM remains committed to promoting a culture of excellence among financial professionals in Malaysia. Through its continuing education courses and partnerships with regulatory bodies, FPAM aims to enhance technical competence and ethical standards within the financial planning industry, ultimately contributing to the financial well-being of Malaysians.

The FPAM Annual Signature Financial Planning Symposium 2024 exemplifies the association's dedication to advancing the practice of financial planning and supporting the broader goals of Malaysia's economic growth and financial stability. By staying informed, fostering collaboration, and promoting public financial literacy, FPAM aims to create a brighter financial future for all Malaysians.