THE Financial Planning Asso-ciation of Malaysia (FPAM) expects the number of certified financial planners (CFP) to grow to 2,500 from the current 1,200 by the end of this year.
“As people's lives become more sophisticated and burdened with additional obligations, they will also demand for the services of a financial planner. The mushrooming of financial and credit products such as credit cards, insurance policies and unit trusts, in the country also enhances the need for financial planning services,” FPAM principal officer Lee Siew Hoong told StarBiz at the Financial Summit 2003 in Penang on Sunday.