SC promotes financial literacy for World Investor Week


Panellists and moderators of SC

KUALA LUMPUR: Securities Commission Malaysia is taking to Facebook and video to raise awareness on financial planning and how to avoid illegal financial schemes.

In support of World Investor Week from Oct 2 to 8, 2017,  the SC hosted a Facebook live chat on Thursday, which featured a panel discussion in financial planning. 

Themed “FinPlan4U - A Step Towards Financial Health And Wellness”, the live chat session featured experts from the SC, Financial Planning Association Malaysia (FPAM) as well as an award-winning financial planner on the benefits of engaging a financial planner.

The SC is also screening an anti-scam awarenss video called "T.I.P.U Video" at selected TGV cinemas nationwide from now until Oct 11, 2017. According to the SC, it "serves as a public service message to highlight the modus operandi of scammers and advise the public on where to seek assistance when they are in doubt".

The initiative is timely as Bank Negara deputy governor Abdul Rasheed Ghaffour had pointed out on Tuesday that Malaysians are prone to financial fraud with a total loss of RM379mil from 2015 up to the first quarter of 2017 owing to these scams.

To further promote financial literacy and education, the SC will organise its annual flagship event, InvestSmart Fest 2017, themed "Invest For Your Future", at Kuala Lumpur Convention Centre from Oct 13 to 15, 2017.

The event will gather capital market institutions, associations, industry players and relevant agencies under one roof in order to raise awareness on investment opportunities available in the Malaysian capital market. 

The public can register for a free initial assessment by a licensed financial planner during ISF 2017 by emailing their name, IC number and contact details to investsmart@seccom.com.my.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say
Oil prices on track to snap two-week losing streak
MAA Group sells entire 58% stake in Turiya for RM52.86mil
Majuperak, Shizen to explore solar photovoltaic development in Perak
Asia stocks rise, yen plumbs 34-year low as BOJ stands pat on rates
Fernandes: AirAsia Group to be listed on Bursa Malaysia in September
Spritzer clarifies mistaken identity in insider trading report

Others Also Read