Financial Planning Association Malaysia (FPAM)

China’s reopening story fizzled out with the Hang Seng Index slipping into a bear market and the Chinese yuan fell to its lowest level in 16 years in August 2023 with the second-largest economy in the world facing a deep real estate crisis threatening the possibility of a systematic risk happening. To make things worse, not only growth is stalling, consumer prices are also falling and youth unemployment has risen so much that the Chinese government decided to stop publishing this data.

Globally, core inflation remains stubbornly high in many parts of the world and is one of the key economic data hurting global growth and with China slowing down, is there going to be a global recession in 2024?

In 1974, Saudi Arabia priced its oil exclusively in US dollars in exchange for security guarantees from the United States. This petro-link is one of the pillars on which the US dollar rests as the world’s primary reserve currency today. During the 2023 World Economic Forum in Davos, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, stunned reporters when he expressed that the oil-rich nation was open to trading in currencies besides the U.S. dollar for the first time in 48 years. Is this the beginning of de-dollarisation?

This course will analyse key global economic data and the consequences of a global economic slowdown on various countries and asset classes besides analysing the possibility of de-dollarisation.

Legacy planning involves strategically crafting and safeguarding the assets, values and goals that one wishes to pass on to future generations. It encompasses financial planning, estate planning and the transmission of personal values and wisdom. Mastering the art of legacy creation and protection entails creating a comprehensive plan that ensures the preservation and transfer of wealth, memories and values according to one’s wishes.

Different asset classes tend to experience good performance at different times. As such, in creating an optimized investment portfolio for our clients, diversification helps offset any poor performance of an asset class with higher returns from another asset class, thus enhancing the consistency of long-term returns.

This course will equip investment advisors and consultants with the necessary skills to develop a comprehensive and diversified investment portfolio by selecting the right combination of unit trust funds for their clients based on individual investors’ risk profiles, market opportunities, and risk management.

Understanding guaranteed income in income insurance plans entails recognising that these plans offer a reliable source of income, typically through regular payments over a specified period of life. This income is often unaffected by market fluctuations, providing financial stability and peace of mind.

Learning Outcome:

It is important to review budget changes yearly. While tax is an imposition by the government, there are always possibilities to arrange your tax affairs in such a way as to attract the least amount of tax. This one-day program will highlight the recent budget amendments and also provide a platform to discuss tax planning ideas that will contribute immensely to wealth maximization. Taxation pervades the four pillars of financial planning – wealth accumulation, protection, preservation, and distribution. Every financial service professional should be adept at taxation, both the law and the planning opportunities.

The workshop aims to empower participants with fundamental knowledge and skills related to (the recent major changes in Malaysian taxation), enabling them to make informed financial decisions and enhance their overall financial well-being.