The objectives of the council includes:
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To be the national financial planning organization for the purpose of unifying and strengthening accountability, compliance and conformance to laws and regulations by financial planning providers and practitioners and to enhance self-regulation among them.
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To focus on the nationwide development and advancement of financial planning providers and practitioners with an objective for convergence and uniform practice standards.
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To set technical standards for membership, examination and certification requirements, establish a professional code of ethics and compliance and advance the knowledge of the members by way of technical support and education programmes. |
Beginning with the life insurance industry the MFPC endeavors to represent financial planning providers and practitioners related industries.
Under the umbrella of the MFPC, the life insurance industry has successfully adopted the RFP as a common benchmark qualification for financial planners within the industry.
The MFPC also aims to achieve the vision and objectives of the Financial Sector Masterplan and Capital Market Masterplan in improving the professionalism, technical ability, financial advise, productivity and quality of the agency force. |