According to Table 1 and Chart 1 found that statistically customers who come to CCDMA to obtain the

This website is developed between aims to meet the criteria set for the Project scoring Subject Code BJMP2033 Production and Operations Management. The project group led the scoring with 20%.
Financial adviser is one of the recommendations under the Financial Sector Master Plan to promote the development of new distribution channels for life insurance products and to enhance professionalism in the sale of life insurance products.
Financial Adviser is the new intermediate kodata category that has professional qualifications and specialized expertise to member kodata independent advice to individuals on a variety of financial products, including insurance, to meet their financial planning needs. Financial advisers kodata have an important role in providing financial advisory services to the consumer whole, especially in terms of insurance protection, savings for education, retirement planning and investing for the future. Services provided by Financial Advisor include analyzing kodata the financial planning needs of an individual or household-related insurance products and recommend appropriate types of products, get product tersebur from a licensed insurer or arrange for insurance contracts. In addition to insurance products, they can also provide advice and market other financial products to customers, subject to the prior approval of the relevant kodata authorities.
In the early stages of development, financial planning kodata industry kodata in Malaysia will be controlled in terms of functionality, with each authority will be responsible for regulating the activities under their jurisdiction. In this regard, the Financial Advisor who provides advice on insurance products will be under the purview of the Act, with the Bank as the main regulator. Financial advisers will be subject to the requirements of the Securities Commission in connection with investment advisory services, if the Financial Adviser intends to provide such services. This functional approach will be reviewed when the financial planning industry has grown in size and scope of activities. The ultimate goal is to establish a regulatory framework in stages that will facilitate the development of the industry.
Along with the concept of a comprehensive regulatory approach, the Bank encourages the establishment of a single self-regulatory organization (self-regulatory organization) for the financial planning industry can establish and enforce a code of ethics and set stringent compliance requirements to ensure that people are treated in a professional service. kodata For this purpose, the Financial Adviser established by the MII, the National Association of Life Insurance and Financial Advisors Life Insurance Association of Malaysia and Malaysia, has been trying hard to coordinate the establishment of a national body responsible kodata for standardizing the practice of financial planning. kodata The agency is expected to enforce a strict code of ethics set to support the professional image of the industry participants and encourage the development and progress for the next financial planners.
A series of road shows and seminars will be organized by Financial Advisor along with other related associations, throughout Malaysia. It aims to create public awareness about the importance of financial planning kodata and to encourage the growth and development of financial advisors who can provide a wide range of financial services to consumers.
According to Table 1 and Chart 1 found that statistically customers who come to CCDMA to obtain the services offered. A total of 244.517 Malaysians make CCDMA as a place for them to get counseling about their personal finances and a total of 99.347 people were involved in a debt management program.
Among the key factors of the financial problems faced by them is because of poor financial planning, namely 22.9%, high medical costs (18.3%), failure or slowdown in business (15.25%) and loss of control in the use of credit cards (11.1%) kodata
11.1
Therefore, in the face of rising prices of goods and services, Malaysians should change their way of shopping and lifestyle towards simplicity, according to General Manager Corporate Services Division (CCDMA), Azman Hashim. He said the people in this country need to review spending patterns, as well as austerity measures to avoid waste, create an emergency kodata fund and to refrain from making new loans and he also advised to provide a list of budget revenues and reject any expenses necessary. Through the budget list, the user d