KUALA LUMPUR: Malaysia's financial advisory industry will see a big leap in growth next year, with the number of licensed financial advisers expected to double from the less than 400 at present.
"The local financial advisory industry is now entering a new era thanks to Bank Negara Malaysia (BNM) which has expanded the list of qualifications to become a financial adviser under the Financial Services Act (FSA) and financial planner (under the Capital Markets and Services Act)," he added.
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