KDU Management Development Centre (KMDC)

K D U M A N A G E M E N T D E V E L O P M E N T C E N T R E

Creating Value and Enrichment in Lifelong Learning

CERTIFIED FINANCIAL PLANNERR

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About KMDCKDU Management Development Centre Sdn. Bhd. (KMDC) is a workforce transformation andlearning solutions provider established to develop and enhance the capabilities of professionalsthrough leading edge and high quality executive education and professional developmentprogrammes.

KMDC is the leading education provider with 60% market share in Klang Valley &Penang. KMDC offers innovative learning solutions with emphasis on personal as well asprofessional growth for the individual and integrated management solutions for dynamicorganisational change.

The team at KMDC understands what drives individuals and organisations to succeed andadvance into leadership positions. Our model engages learners in a transformational experiencethat goes beyond the mere acquisition of knowledge. Our learning network brings professionals,client organisations, partner learning providers and learning members together in a network thatcan promote lasting, rewarding and satisfying lifelong experiences.

Certification Course OutlineModule 3: Investment Planning & Retirement Planning

Candidates will understand the concepts of risk and return, the financial markets and instruments, and the basic concepts and tools of asset valuation and portfolio management. The aim is to be able to evaluate alternative investments, the advantages and disadvantages, and to make suitable investment recommendations to clients.

Module 1: Foundation in Financial PlanningCandidates are provided with an outline of each of the major concerns of a financial planner to instill a clear appreciation of financial planning and to prepare for the extensive study to be covered in the other modules.Topic 1: The Financial Planning Industry in MalaysiaTopic 2: The Economic Environment and Its Effects on Financial PlanningTopic 3: Risk Management and Insurance PlanningTopic 4: Investment PlanningTopic 5: Income Tax PlanningTopic 6: Retirement Planning / Estate PlanningTopic 7: The Basis of a Financial PlanTopic 8: Code of Ethics

Topic 1: Investment ConceptsTopic 2: Concepts of Portfolio Theory and Performance MeasuresTopic 3: Equity MarketTopic 4: Investment in Debt SecuritiesTopic 5: Derivatives and Structured ProductsTopic 6: Collective Investment Scheme and Unit TrustsTopic 7: Real Estates Investment

Module 2: Insurance Planning & Estate Planning

Candidates will understand the fundamental concepts of risk management and insurance, and gain the knowledge about various personal insurance products, both life and general, which are related to financial planning.Topic 1: Fundamental Concepts in Risk ManagementTopic 2: Insurance FundamentalsTopic 3: Legal Principles in InsuranceTopic 4: The Role of Insurance in Financial PlanningTopic 5: Factors Affecting Life Insurance NeedsTopic 6: Understanding Life Insurance Policy ContractsTopic 7: General Insurance Policy ContractsTopic 8: Health InsuranceTopic 9: Annuity Policy ContractsTopic 10: Legislation and Rules in the Insurance IndustryTopic 11: Consumer Protection and Insurance Industry Codes

of Practice

Part 2: ESTATE PLANNINGThe area of estate planning includes preparing provision for administration of the affairs of a client by someone other than the client.

Topic 12: Estate Planning FundamentalsTopic 13: Wills and Will PlanningTopic 14: TrustsTopic 15: Powers of AttorneyTopic 16: Duties and Power of the Personal RepresentativeTopic 17: Special Estate Planning Issues for Business Owners

Part 2: RETIREMENT PLANNINGThis part covers how to analyse a clients' retirement needs and the ways in which these needs can be met.

Topic 8: Investment for Retirement

Topic 10: Retirement SchemesTopic 11: The Employee Provident Fund (EPF) and Private

Retirement Scheme (PRS)Topic 12: Retirement Income StreamsTopic 13: Role of Financial Planner in Pre-Retirement Counselling

Optional Module: Tax PlanningCandidates will further their existing knowledge and skills in the area of taxation planning. The unit deals with consideration of income tax and other forms of taxation. Case studies of different tax scenarios are also analysed in the module.

Topic 1: Introduction to MalaysianTaxationTopic 2: Computation of Statutory Income from EmploymentTopic 3: Computation of Statutory Income from BusinessTopic 4: Computation of Statutory Income from InvestmentsTopic 5: Computation of Chargeable Income and Tax PayableTopic 6: Tax Treatment of Various Tax EntitiesTopic 7: Taxation Administration and Tax Audits

KMDC Office, Level 3, Admin Block, KDU Glenmarie Campus,Jalan Kontraktor U1/14, Seksyen U1, 40150 Shah Alam,Selangor Darul Ehsan, MALAYSIA(GPS: 3.0839387, 101.5596912)Tel : 03-5565 0799/ 0798 (Mon-Fri,9am-6pm)Fax : 03-5565 0797Mobile : 012-3989030 (weekends only)Email : start@kmdc.com.myWebsite : www.kmdc.com.myFacebook (CFP): www.facebook.com/MYCFPFacebook (Executive Education): www.facebook.com/MyExecEd

Module 4: Financial Plan Construction and Professional Responsibilities

Topic 1: Financial Planning and the Regulatory EnvironmentTopic 2:

Establishing Client-Financial Planning Professional Relationships

Topic 2-1:

Topic 2-2: Gathering Client Data and Determining Goals and Expectations

Topic 2-3: Determining the Client’s Financial Status by Analysing andEvaluating the Client’s Information

Topic 2-4: Analyse Client Objectives, Needs, and Financial SituationTopic 2-5: Developing and Presenting the Financial PlanTopic 2-6: Implementing the Financial PlanTopic 2-7: Monitoring the Financial Plan

This module is for candidates who have completed Module 1 to 3, or who are preparing for the Challenge Status. The financial plan construction process will be meticulously considered.

Globally Recognised Locally Supported

The Leading Education Provider in Malaysia

1. The CFP certification programme is an internationally recognised qualification promoted by FPAM as the industry standard for professionals in the personal finance industry. 2. Examinations for the CFP credential conducted by FPAM are validated by the Financial Planning Standards Board (FPSB).

3. The CFP credential is recognised by Bank Negara Malaysia and the Securities Commission.

4. The CFP certification programme has also been adopted by many major financial institutions worldwide and locally.

5. Introduced in 1972, the CFP certification grew and became the Gold standard for financial Planning.

www.kmdc.com.myKDU Management Development Centre

OUR MISSIONCreating Value and Enrichmentin Lifelong Learning

OUR PLEDGEGraduates:Become Employable FastProfessionals:Retool Your CareerCompanies:Retrain and Retain ValuableEmployees

Other Benefits of the CFP Mark

Part 1: INVESTMENT PLANNING

Topic 9: The Underlying Principles of Retirement Planning

Exemption from FIMM’s CUTEHolders of the CFP credential are eligible for exemption from the Computerised Unit Trust Examinations (CUTE) conducted by theFederation of Investment Managers Malaysia.

Fees Eligible for EPF & HRDF FundingThe fees for the programme are eligible for withdrawal for education purpose under the Employees Provident Fund (EPF) and traininggrant under the Human Resource Development Fund (HRDF).

Recognised by FIMM for CPD PointsThe individual modules under the certification programme are eligible for CPD points under the FIMM’s Continuing Professional Development programme.

Globally Recognised Professional Qualification

Topic 8: Tax Planning in Financial Planning Topic 9: The Employees Provident Fund and Retirement PlanningTopic 10: Taxation Acpects of Business Succession PlanningTopic 11: Real Property Gains Tax

MEMBER OF KDU EDUCATION GROUP

Part 1: INSURANCE PLANNING

Financial Planning Process

KMDC Won 9 out of 15 FPAM 2008 Awards KMDC achieved above 80% pass rate since 2007

Who Is This For?

Appropriate relevant experience for a candidate is defined as:Individuals employed in a position where they actively use their knowledge, skill and ability to provide for or to directly supervise the provision of comprehensive financial planning advice to clients, in accordance with the Financial Planning Association of Malaysia (FPAM)’s six-step financial planning process.Relevant financial planning work experience can be obtained from the following three work areas:(i) Working in the financial services industry(ii) Self employed, sole proprietors, partners or directors in industries relating to financial planning or financial services(iii) Insurance/unit trust/will writing/trusts agents and remisiersThe relevant work experience must be over a period of 3 years within the 5 years prior to application for certified status.

Relevant Work Experience

Continuing professional development is part of good professional practice. Associate Members of FPAM are required to obtain 20 CE points every 2 years whereas Certified Members are required to obtain 30 CE points every 2 years. This is to ensure that members are updated with current developments in the financial planning profession in order to better serve their clients.CE points can be accumulated by attending FPAM approved seminars and courses, through subscription to FPAM’s official and other approved magazines, and through writing or reviewing articles for FPAM’s journal or publishing books related to financial planning topics.

Entry Requirements

Admission:Candidates can select any of the 3 options below to complete the certification programme.

and are registered certification trademarks and CERTIFIED FINANCIAL PLANNER is a certification mark owned outside the U.S.A. by the Financial Planning Standards Board Ltd. (FPSB). The Financial Planning Association of Malaysia (FPAM) is the marks licensing authority for the CFP Marks in Malaysia, through agreement with FPSB.

R

Our reputation as a professional education provider with over 30 years of experience ensures you the best for your educationOur balanced approach gives appropriate weighting to all essential topic areasOur value-added and learning support products and services prepare you with the extra-edge beyond classroom theoryWe have consistently been the best performer in the industry in Malaysia with the highestexamination results with around 85% pass rate on average since 2007.

Testimonials

8 Good Reasons to Study Your Course at KMDCSessions are facilitated by a strong team of highly qualified industry practitioners, all with strong academic qualifications and professional experienceUp-to-date study materials contain real-world case studies, making the information immediately relevant and applicable to everyday businessSpecial examination revision seminars are aimed at helping our candidates with their studies and examsSuccessful completion of the programme satisfies the educational requirement for the Financial Planning Association of Malaysia’s Certification Examination

“Choosing KMDC for my certification is the best decision I’ve made when it comes to an education provider. They have good facilities and their staff are helpful. Most importantly, their facilitators are there when you need guidance.”

Peter Lim Cheng Teik 2004

Youngest Learning Member to get in 14 months

“KMDC is a good education provider with their friendly, approachable and committed staff. The facilitators are knowledgeable and experienced. Learn-ing facilities are adequate. Many thanks to KMDC for assisting me through the 6 modules smoothly.”

Lee Seng Guan 2004

National 1st Runner-up: New EPF Investors Campaign 2004National 5th Runner-up: Personal Sales Mutual Fund Agent

Category 2004

Continuing Education

Option C: Challenge StatusFPAM has approved certain qualifications and/or professional credentials as fulfilling the education requirements and candidate who are eligible can apply to FPAM for approval under the challenge status. The approved candidate is only required to sit for Module 4. This challenge status is only open to Malaysians. Candidate must fulfill the following three requirements:1. Qualifications:

Professional accountants (MIA, CPA(M), CPA(Aust), AICPA, CA , ACCA, CIMA and AIA) Company Secretaries (ICSA & Fellow of MACS) Chartered Financial Consultants (ChFC) Chartered Financial Analysts (CFA) Doctorate in Business Admin, PhD (business, accounting or economics) Masters (Business Admin /Finance /Economics/Accounting) from accredited universities

2. Three years of personal finance related experience at the time of application:Insurance, mutual funds, securities, asset management, accounting, estate planning, banking, taxation, trusts, retirement planning and financial planning.

3. Condition:A maximum of three (3) consecutive examination attempts only, are given for the challenge status candidate commencing immediately after obtaining approval from FPAM. Failure in the 3 attempts (including non-attempts) will result in the candidate having to enroll for the normal certification. Additional requirementsThe Challenge Status application must be accompanied by an Application for Challenge Status form together with payment. All certificates and academic transcripts must be certified. Working experience from the present employer must be under the employer’s letterhead.Applications for module exemptions or challenge status must be at least two months before the registration for any examination. Failure to comply will result in your application not been processed in time for the next examination.

Why CFP Certification

Qualification

1. Chartered Financial Practicioners (Namlifa)2. MII Dip. In Financial Planning3. Chartered Life Underwriters4. Life Underwriters Training Council of Fellows5. Graduate Diploma in Applied Finance & Investment

M1 M2 M3 M4

XXXXX

The CERTIFIED FINANCIAL PLANNER a qualification is for those wishing to practice the profession of financial planning and who wish to master a certain level of theoretical knowledge and practical application of financial planning in such areas as:

R

General principles of financial planningInsurance planningTaxation planningInvestment planningRetirement planningEstate planningFinancial plan construction and professional responsibilities

Profile of CFP Certificants by Industry

Gathering client data, including goalsAnalysing and evaluating the client’s financial statusDeveloping and presenting financial planning recommendations

The Financial Planning ProcessThe financial planning process defined by the Board involves the following six steps:

Implementing the financial planning recommendationsMonitoring the financial planning recommendationsEstablishing and defining the client-partner relationship

The Certification is proprietary to individuals who have demonstrated technical competency combined with practical experience, which enables them to write a comprehensive, functional financial plan for an individual, whilst conforming to the international standards.

The certification programme evolves around the 4Es of Education, Examination, Experience and Ethics, which are the cornerstones of professional practice. The course consists of four (4) modules with a minimum of 60 contact hours of classroom-based workshops and seminars per module, followed by examinations. Candidates taking the supermanccertification examinations are required to first be members of the Financial Planning Association of Malaysia (FPAM).

Certification Process

www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre

Trust and Wills (1%) Asset Management (2%))

Non-financialCorp (5%)

Stock Brokerage (7%)

Insurance (13%)

Accountants (14%)

Banks (14%)

FinancialAdvisory (20%)

Unit Trust (24%)

1

2

Global Recognition An international qualification which is recognised by consumers around the world.

Recognition by Industry Regulators Recognised by the industry regulators for licensing as financial planners and financial advisers.

Knowledge and CompetenciesEquips you with the body of knowledge and competencies to enable you to holistically plan, advise and recommend the most appropriate products and services to your clients.

Career enhancement Enhance your career development opportunities. Increasingly, bank and other financial institutions make the CFP certification requirement for staff in personal financial services.

International Community As a CFP professional you will be part of an international community of elite financial professionals who are committed to upholding rigorous global standards and putting clients’ interest first.

3

6

5

Satisfied clients As clients become more sophisticated they will be interested in a wider range of products and services. They will be better served by the CFP professionals who are well equipped with the body of knowledge and competencies.

Based on a research conducted in the US, clients of CFP practitioners are more satisfied than the clients of other financial adviser and are interested in a broader range of financial advise.

4

6. RFP Module 1 X

Minimum Academic Requirement: a Bachelor’s Degree (any discipline)

Option A: Full Certification ProgrammeCandidates without any relevant qualifications are required to undergo the full certification course, which comprises Module 1 to 4.

Course duration: The shortest possible timeframe to complete the programme is 12 months. Each module consists of a minimum of 60contact hours. Students can opt for either weekend or weekday classes (if available).

Option B: Partial Exemption on ModulesFinancial Planning Association of Malaysia (FPAM) recognises that certain professional qualifications cover some of thecomponents in financial planning and has decided to waive certain modules for eligible candidates. Holders of thesecredentials (must be a degree holder) are exempted from the following modules:

1. Licensed Unit Trust & Private Retirement Scheme Consultants (FIMM)

2. Registered Financial Planners (MFPC)

3. Chartered Financial Practitioners (Namlifa)

4. MII Diploma in Financial Planning

5. Chartered Life Underwriters

6. Life Underwriters Training Council of Fellows

7. Graduate Diploma in Applied Finance & Investment

X

X X

X

X

X

X

X

*

* terms and conditions apply

KMDC Won 9 out of 15 FPAM 2008 Awards KMDC achieved above 80% pass rate since 2007

Who Is This For?

Appropriate relevant experience for a candidate is defined as:Individuals employed in a position where they actively use their knowledge, skill and ability to provide for or to directly supervise the provision of comprehensive financial planning advice to clients, in accordance with the Financial Planning Association of Malaysia (FPAM)’s six-step financial planning process.Relevant financial planning work experience can be obtained from the following three work areas:(i) Working in the financial services industry(ii) Self employed, sole proprietors, partners or directors in industries relating to financial planning or financial services(iii) Insurance/unit trust/will writing/trusts agents and remisiersThe relevant work experience must be over a period of 3 years within the 5 years prior to application for certified status.

Relevant Work Experience

Continuing professional development is part of good professional practice. Associate Members of FPAM are required to obtain 20 CE points every 2 years whereas Certified Members are required to obtain 30 CE points every 2 years. This is to ensure that members are updated with current developments in the financial planning profession in order to better serve their clients.CE points can be accumulated by attending FPAM approved seminars and courses, through subscription to FPAM’s official and other approved magazines, and through writing or reviewing articles for FPAM’s journal or publishing books related to financial planning topics.

Entry Requirements

Admission:Candidates can select any of the 3 options below to complete the certification programme.

and are registered certification trademarks and CERTIFIED FINANCIAL PLANNER is a certification mark owned outside the U.S.A. by the Financial Planning Standards Board Ltd. (FPSB). The Financial Planning Association of Malaysia (FPAM) is the marks licensing authority for the CFP Marks in Malaysia, through agreement with FPSB.

R

Our reputation as a professional education provider with over 30 years of experience ensures you the best for your educationOur balanced approach gives appropriate weighting to all essential topic areasOur value-added and learning support products and services prepare you with the extra-edge beyond classroom theoryWe have consistently been the best performer in the industry in Malaysia with the highestexamination results with around 85% pass rate on average since 2007.

Testimonials

8 Good Reasons to Study Your Course at KMDCSessions are facilitated by a strong team of highly qualified industry practitioners, all with strong academic qualifications and professional experienceUp-to-date study materials contain real-world case studies, making the information immediately relevant and applicable to everyday businessSpecial examination revision seminars are aimed at helping our candidates with their studies and examsSuccessful completion of the programme satisfies the educational requirement for the Financial Planning Association of Malaysia’s Certification Examination

“Choosing KMDC for my certification is the best decision I’ve made when it comes to an education provider. They have good facilities and their staff are helpful. Most importantly, their facilitators are there when you need guidance.”

Peter Lim Cheng Teik 2004

Youngest Learning Member to get in 14 months

“KMDC is a good education provider with their friendly, approachable and committed staff. The facilitators are knowledgeable and experienced. Learn-ing facilities are adequate. Many thanks to KMDC for assisting me through the 6 modules smoothly.”

Lee Seng Guan 2004

National 1st Runner-up: New EPF Investors Campaign 2004National 5th Runner-up: Personal Sales Mutual Fund Agent

Category 2004

Continuing Education

Option C: Challenge StatusFPAM has approved certain qualifications and/or professional credentials as fulfilling the education requirements and candidate who are eligible can apply to FPAM for approval under the challenge status. The approved candidate is only required to sit for Module 4. This challenge status is only open to Malaysians. Candidate must fulfill the following three requirements:1. Qualifications:

Professional accountants (MIA, CPA(M), CPA(Aust), AICPA, CA , ACCA, CIMA and AIA) Company Secretaries (ICSA & Fellow of MACS) Chartered Financial Consultants (ChFC) Chartered Financial Analysts (CFA) Doctorate in Business Admin, PhD (business, accounting or economics) Masters (Business Admin /Finance /Economics/Accounting) from accredited universities

2. Three years of personal finance related experience at the time of application:Insurance, mutual funds, securities, asset management, accounting, estate planning, banking, taxation, trusts, retirement planning and financial planning.

3. Condition:A maximum of three (3) consecutive examination attempts only, are given for the challenge status candidate commencing immediately after obtaining approval from FPAM. Failure in the 3 attempts (including non-attempts) will result in the candidate having to enroll for the normal certification. Additional requirementsThe Challenge Status application must be accompanied by an Application for Challenge Status form together with payment. All certificates and academic transcripts must be certified. Working experience from the present employer must be under the employer’s letterhead.Applications for module exemptions or challenge status must be at least two months before the registration for any examination. Failure to comply will result in your application not been processed in time for the next examination.

Why CFP Certification

Qualification

1. Chartered Financial Practicioners (Namlifa)2. MII Dip. In Financial Planning3. Chartered Life Underwriters4. Life Underwriters Training Council of Fellows5. Graduate Diploma in Applied Finance & Investment

M1 M2 M3 M4

XXXXX

The CERTIFIED FINANCIAL PLANNER a qualification is for those wishing to practice the profession of financial planning and who wish to master a certain level of theoretical knowledge and practical application of financial planning in such areas as:

R

General principles of financial planningInsurance planningTaxation planningInvestment planningRetirement planningEstate planningFinancial plan construction and professional responsibilities

Profile of CFP Certificants by Industry

Gathering client data, including goalsAnalysing and evaluating the client’s financial statusDeveloping and presenting financial planning recommendations

The Financial Planning ProcessThe financial planning process defined by the Board involves the following six steps:

Implementing the financial planning recommendationsMonitoring the financial planning recommendationsEstablishing and defining the client-partner relationship

The Certification is proprietary to individuals who have demonstrated technical competency combined with practical experience, which enables them to write a comprehensive, functional financial plan for an individual, whilst conforming to the international standards.

The certification programme evolves around the 4Es of Education, Examination, Experience and Ethics, which are the cornerstones of professional practice. The course consists of four (4) modules with a minimum of 60 contact hours of classroom-based workshops and seminars per module, followed by examinations. Candidates taking the supermanccertification examinations are required to first be members of the Financial Planning Association of Malaysia (FPAM).

Certification Process

www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre

Trust and Wills (1%) Asset Management (2%))

Non-financialCorp (5%)

Stock Brokerage (7%)

Insurance (13%)

Accountants (14%)

Banks (14%)

FinancialAdvisory (20%)

Unit Trust (24%)

1

2

Global Recognition An international qualification which is recognised by consumers around the world.

Recognition by Industry Regulators Recognised by the industry regulators for licensing as financial planners and financial advisers.

Knowledge and CompetenciesEquips you with the body of knowledge and competencies to enable you to holistically plan, advise and recommend the most appropriate products and services to your clients.

Career enhancement Enhance your career development opportunities. Increasingly, bank and other financial institutions make the CFP certification requirement for staff in personal financial services.

International Community As a CFP professional you will be part of an international community of elite financial professionals who are committed to upholding rigorous global standards and putting clients’ interest first.

3

6

5

Satisfied clients As clients become more sophisticated they will be interested in a wider range of products and services. They will be better served by the CFP professionals who are well equipped with the body of knowledge and competencies.

Based on a research conducted in the US, clients of CFP practitioners are more satisfied than the clients of other financial adviser and are interested in a broader range of financial advise.

4

6. RFP Module 1 X

Minimum Academic Requirement: a Bachelor’s Degree (any discipline)

Option A: Full Certification ProgrammeCandidates without any relevant qualifications are required to undergo the full certification course, which comprises Module 1 to 4.

Course duration: The shortest possible timeframe to complete the programme is 12 months. Each module consists of a minimum of 60contact hours. Students can opt for either weekend or weekday classes (if available).

Option B: Partial Exemption on ModulesFinancial Planning Association of Malaysia (FPAM) recognises that certain professional qualifications cover some of thecomponents in financial planning and has decided to waive certain modules for eligible candidates. Holders of thesecredentials (must be a degree holder) are exempted from the following modules:

1. Licensed Unit Trust & Private Retirement Scheme Consultants (FIMM)

2. Registered Financial Planners (MFPC)

3. Chartered Financial Practitioners (Namlifa)

4. MII Diploma in Financial Planning

5. Chartered Life Underwriters

6. Life Underwriters Training Council of Fellows

7. Graduate Diploma in Applied Finance & Investment

X

X X

X

X

X

X

X

*

* terms and conditions apply

KMDC Won 9 out of 15 FPAM 2008 Awards KMDC achieved above 80% pass rate since 2007

Who Is This For?

Appropriate relevant experience for a candidate is defined as:Individuals employed in a position where they actively use their knowledge, skill and ability to provide for or to directly supervise the provision of comprehensive financial planning advice to clients, in accordance with the Financial Planning Association of Malaysia (FPAM)’s six-step financial planning process.Relevant financial planning work experience can be obtained from the following three work areas:(i) Working in the financial services industry(ii) Self employed, sole proprietors, partners or directors in industries relating to financial planning or financial services(iii) Insurance/unit trust/will writing/trusts agents and remisiersThe relevant work experience must be over a period of 3 years within the 5 years prior to application for certified status.

Relevant Work Experience

Continuing professional development is part of good professional practice. Associate Members of FPAM are required to obtain 20 CE points every 2 years whereas Certified Members are required to obtain 30 CE points every 2 years. This is to ensure that members are updated with current developments in the financial planning profession in order to better serve their clients.CE points can be accumulated by attending FPAM approved seminars and courses, through subscription to FPAM’s official and other approved magazines, and through writing or reviewing articles for FPAM’s journal or publishing books related to financial planning topics.

Entry Requirements

Admission:Candidates can select any of the 3 options below to complete the certification programme.

and are registered certification trademarks and CERTIFIED FINANCIAL PLANNER is a certification mark owned outside the U.S.A. by the Financial Planning Standards Board Ltd. (FPSB). The Financial Planning Association of Malaysia (FPAM) is the marks licensing authority for the CFP Marks in Malaysia, through agreement with FPSB.

R

Our reputation as a professional education provider with over 30 years of experience ensures you the best for your educationOur balanced approach gives appropriate weighting to all essential topic areasOur value-added and learning support products and services prepare you with the extra-edge beyond classroom theoryWe have consistently been the best performer in the industry in Malaysia with the highestexamination results with around 85% pass rate on average since 2007.

Testimonials

8 Good Reasons to Study Your Course at KMDCSessions are facilitated by a strong team of highly qualified industry practitioners, all with strong academic qualifications and professional experienceUp-to-date study materials contain real-world case studies, making the information immediately relevant and applicable to everyday businessSpecial examination revision seminars are aimed at helping our candidates with their studies and examsSuccessful completion of the programme satisfies the educational requirement for the Financial Planning Association of Malaysia’s Certification Examination

“Choosing KMDC for my certification is the best decision I’ve made when it comes to an education provider. They have good facilities and their staff are helpful. Most importantly, their facilitators are there when you need guidance.”

Peter Lim Cheng Teik 2004

Youngest Learning Member to get in 14 months

“KMDC is a good education provider with their friendly, approachable and committed staff. The facilitators are knowledgeable and experienced. Learn-ing facilities are adequate. Many thanks to KMDC for assisting me through the 6 modules smoothly.”

Lee Seng Guan 2004

National 1st Runner-up: New EPF Investors Campaign 2004National 5th Runner-up: Personal Sales Mutual Fund Agent

Category 2004

Continuing Education

Option C: Challenge StatusFPAM has approved certain qualifications and/or professional credentials as fulfilling the education requirements and candidate who are eligible can apply to FPAM for approval under the challenge status. The approved candidate is only required to sit for Module 4. This challenge status is only open to Malaysians. Candidate must fulfill the following three requirements:1. Qualifications:

Professional accountants (MIA, CPA(M), CPA(Aust), AICPA, CA , ACCA, CIMA and AIA) Company Secretaries (ICSA & Fellow of MACS) Chartered Financial Consultants (ChFC) Chartered Financial Analysts (CFA) Doctorate in Business Admin, PhD (business, accounting or economics) Masters (Business Admin /Finance /Economics/Accounting) from accredited universities

2. Three years of personal finance related experience at the time of application:Insurance, mutual funds, securities, asset management, accounting, estate planning, banking, taxation, trusts, retirement planning and financial planning.

3. Condition:A maximum of three (3) consecutive examination attempts only, are given for the challenge status candidate commencing immediately after obtaining approval from FPAM. Failure in the 3 attempts (including non-attempts) will result in the candidate having to enroll for the normal certification. Additional requirementsThe Challenge Status application must be accompanied by an Application for Challenge Status form together with payment. All certificates and academic transcripts must be certified. Working experience from the present employer must be under the employer’s letterhead.Applications for module exemptions or challenge status must be at least two months before the registration for any examination. Failure to comply will result in your application not been processed in time for the next examination.

Why CFP Certification

Qualification

1. Chartered Financial Practicioners (Namlifa)2. MII Dip. In Financial Planning3. Chartered Life Underwriters4. Life Underwriters Training Council of Fellows5. Graduate Diploma in Applied Finance & Investment

M1 M2 M3 M4

XXXXX

The CERTIFIED FINANCIAL PLANNER a qualification is for those wishing to practice the profession of financial planning and who wish to master a certain level of theoretical knowledge and practical application of financial planning in such areas as:

R

General principles of financial planningInsurance planningTaxation planningInvestment planningRetirement planningEstate planningFinancial plan construction and professional responsibilities

Profile of CFP Certificants by Industry

Gathering client data, including goalsAnalysing and evaluating the client’s financial statusDeveloping and presenting financial planning recommendations

The Financial Planning ProcessThe financial planning process defined by the Board involves the following six steps:

Implementing the financial planning recommendationsMonitoring the financial planning recommendationsEstablishing and defining the client-partner relationship

The Certification is proprietary to individuals who have demonstrated technical competency combined with practical experience, which enables them to write a comprehensive, functional financial plan for an individual, whilst conforming to the international standards.

The certification programme evolves around the 4Es of Education, Examination, Experience and Ethics, which are the cornerstones of professional practice. The course consists of four (4) modules with a minimum of 60 contact hours of classroom-based workshops and seminars per module, followed by examinations. Candidates taking the supermanccertification examinations are required to first be members of the Financial Planning Association of Malaysia (FPAM).

Certification Process

www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre www.kmdc.com.myKDU Management Development Centre

Trust and Wills (1%) Asset Management (2%))

Non-financialCorp (5%)

Stock Brokerage (7%)

Insurance (13%)

Accountants (14%)

Banks (14%)

FinancialAdvisory (20%)

Unit Trust (24%)

1

2

Global Recognition An international qualification which is recognised by consumers around the world.

Recognition by Industry Regulators Recognised by the industry regulators for licensing as financial planners and financial advisers.

Knowledge and CompetenciesEquips you with the body of knowledge and competencies to enable you to holistically plan, advise and recommend the most appropriate products and services to your clients.

Career enhancement Enhance your career development opportunities. Increasingly, bank and other financial institutions make the CFP certification requirement for staff in personal financial services.

International Community As a CFP professional you will be part of an international community of elite financial professionals who are committed to upholding rigorous global standards and putting clients’ interest first.

3

6

5

Satisfied clients As clients become more sophisticated they will be interested in a wider range of products and services. They will be better served by the CFP professionals who are well equipped with the body of knowledge and competencies.

Based on a research conducted in the US, clients of CFP practitioners are more satisfied than the clients of other financial adviser and are interested in a broader range of financial advise.

4

6. RFP Module 1 X

Minimum Academic Requirement: a Bachelor’s Degree (any discipline)

Option A: Full Certification ProgrammeCandidates without any relevant qualifications are required to undergo the full certification course, which comprises Module 1 to 4.

Course duration: The shortest possible timeframe to complete the programme is 12 months. Each module consists of a minimum of 60contact hours. Students can opt for either weekend or weekday classes (if available).

Option B: Partial Exemption on ModulesFinancial Planning Association of Malaysia (FPAM) recognises that certain professional qualifications cover some of thecomponents in financial planning and has decided to waive certain modules for eligible candidates. Holders of thesecredentials (must be a degree holder) are exempted from the following modules:

1. Licensed Unit Trust & Private Retirement Scheme Consultants (FIMM)

2. Registered Financial Planners (MFPC)

3. Chartered Financial Practitioners (Namlifa)

4. MII Diploma in Financial Planning

5. Chartered Life Underwriters

6. Life Underwriters Training Council of Fellows

7. Graduate Diploma in Applied Finance & Investment

X

X X

X

X

X

X

X

*

* terms and conditions apply

KDU Management Development Centre (KMDC)

K D U M A N A G E M E N T D E V E L O P M E N T C E N T R E

Creating Value and Enrichment in Lifelong Learning

CERTIFIED FINANCIAL PLANNERR

www.facebook.com/mycfp

join us on

twitter.com/mycfp

follow us on

About KMDCKDU Management Development Centre Sdn. Bhd. (KMDC) is a workforce transformation andlearning solutions provider established to develop and enhance the capabilities of professionalsthrough leading edge and high quality executive education and professional developmentprogrammes.

KMDC is the leading education provider with 60% market share in Klang Valley &Penang. KMDC offers innovative learning solutions with emphasis on personal as well asprofessional growth for the individual and integrated management solutions for dynamicorganisational change.

The team at KMDC understands what drives individuals and organisations to succeed andadvance into leadership positions. Our model engages learners in a transformational experiencethat goes beyond the mere acquisition of knowledge. Our learning network brings professionals,client organisations, partner learning providers and learning members together in a network thatcan promote lasting, rewarding and satisfying lifelong experiences.

Certification Course OutlineModule 3: Investment Planning & Retirement Planning

Candidates will understand the concepts of risk and return, the financial markets and instruments, and the basic concepts and tools of asset valuation and portfolio management. The aim is to be able to evaluate alternative investments, the advantages and disadvantages, and to make suitable investment recommendations to clients.

Module 1: Foundation in Financial PlanningCandidates are provided with an outline of each of the major concerns of a financial planner to instill a clear appreciation of financial planning and to prepare for the extensive study to be covered in the other modules.Topic 1: The Financial Planning Industry in MalaysiaTopic 2: The Economic Environment and Its Effects on Financial PlanningTopic 3: Risk Management and Insurance PlanningTopic 4: Investment PlanningTopic 5: Income Tax PlanningTopic 6: Retirement Planning / Estate PlanningTopic 7: The Basis of a Financial PlanTopic 8: Code of Ethics

Topic 1: Investment ConceptsTopic 2: Concepts of Portfolio Theory and Performance MeasuresTopic 3: Equity MarketTopic 4: Investment in Debt SecuritiesTopic 5: Derivatives and Structured ProductsTopic 6: Collective Investment Scheme and Unit TrustsTopic 7: Real Estates Investment

Module 2: Insurance Planning & Estate Planning

Candidates will understand the fundamental concepts of risk management and insurance, and gain the knowledge about various personal insurance products, both life and general, which are related to financial planning.Topic 1: Fundamental Concepts in Risk ManagementTopic 2: Insurance FundamentalsTopic 3: Legal Principles in InsuranceTopic 4: The Role of Insurance in Financial PlanningTopic 5: Factors Affecting Life Insurance NeedsTopic 6: Understanding Life Insurance Policy ContractsTopic 7: General Insurance Policy ContractsTopic 8: Health InsuranceTopic 9: Annuity Policy ContractsTopic 10: Legislation and Rules in the Insurance IndustryTopic 11: Consumer Protection and Insurance Industry Codes

of Practice

Part 2: ESTATE PLANNINGThe area of estate planning includes preparing provision for administration of the affairs of a client by someone other than the client.

Topic 12: Estate Planning FundamentalsTopic 13: Wills and Will PlanningTopic 14: TrustsTopic 15: Powers of AttorneyTopic 16: Duties and Power of the Personal RepresentativeTopic 17: Special Estate Planning Issues for Business Owners

Part 2: RETIREMENT PLANNINGThis part covers how to analyse a clients' retirement needs and the ways in which these needs can be met.

Topic 8: Investment for Retirement

Topic 10: Retirement SchemesTopic 11: The Employee Provident Fund (EPF) and Private

Retirement Scheme (PRS)Topic 12: Retirement Income StreamsTopic 13: Role of Financial Planner in Pre-Retirement Counselling

Optional Module: Tax PlanningCandidates will further their existing knowledge and skills in the area of taxation planning. The unit deals with consideration of income tax and other forms of taxation. Case studies of different tax scenarios are also analysed in the module.

Topic 1: Introduction to MalaysianTaxationTopic 2: Computation of Statutory Income from EmploymentTopic 3: Computation of Statutory Income from BusinessTopic 4: Computation of Statutory Income from InvestmentsTopic 5: Computation of Chargeable Income and Tax PayableTopic 6: Tax Treatment of Various Tax EntitiesTopic 7: Taxation Administration and Tax Audits

KMDC Office, Level 3, Admin Block, KDU Glenmarie Campus,Jalan Kontraktor U1/14, Seksyen U1, 40150 Shah Alam,Selangor Darul Ehsan, MALAYSIA(GPS: 3.0839387, 101.5596912)Tel : 03-5565 0799/ 0798 (Mon-Fri,9am-6pm)Fax : 03-5565 0797Mobile : 012-3989030 (weekends only)Email : start@kmdc.com.myWebsite : www.kmdc.com.myFacebook (CFP): www.facebook.com/MYCFPFacebook (Executive Education): www.facebook.com/MyExecEd

Module 4: Financial Plan Construction and Professional Responsibilities

Topic 1: Financial Planning and the Regulatory EnvironmentTopic 2:

Establishing Client-Financial Planning Professional Relationships

Topic 2-1:

Topic 2-2: Gathering Client Data and Determining Goals and Expectations

Topic 2-3: Determining the Client’s Financial Status by Analysing andEvaluating the Client’s Information

Topic 2-4: Analyse Client Objectives, Needs, and Financial SituationTopic 2-5: Developing and Presenting the Financial PlanTopic 2-6: Implementing the Financial PlanTopic 2-7: Monitoring the Financial Plan

This module is for candidates who have completed Module 1 to 3, or who are preparing for the Challenge Status. The financial plan construction process will be meticulously considered.

Globally Recognised Locally Supported

The Leading Education Provider in Malaysia

1. The CFP certification programme is an internationally recognised qualification promoted by FPAM as the industry standard for professionals in the personal finance industry. 2. Examinations for the CFP credential conducted by FPAM are validated by the Financial Planning Standards Board (FPSB).

3. The CFP credential is recognised by Bank Negara Malaysia and the Securities Commission.

4. The CFP certification programme has also been adopted by many major financial institutions worldwide and locally.

5. Introduced in 1972, the CFP certification grew and became the Gold standard for financial Planning.

www.kmdc.com.myKDU Management Development Centre

OUR MISSIONCreating Value and Enrichmentin Lifelong Learning

OUR PLEDGEGraduates:Become Employable FastProfessionals:Retool Your CareerCompanies:Retrain and Retain ValuableEmployees

Other Benefits of the CFP Mark

Part 1: INVESTMENT PLANNING

Topic 9: The Underlying Principles of Retirement Planning

Exemption from FIMM’s CUTEHolders of the CFP credential are eligible for exemption from the Computerised Unit Trust Examinations (CUTE) conducted by theFederation of Investment Managers Malaysia.

Fees Eligible for EPF & HRDF FundingThe fees for the programme are eligible for withdrawal for education purpose under the Employees Provident Fund (EPF) and traininggrant under the Human Resource Development Fund (HRDF).

Recognised by FIMM for CPD PointsThe individual modules under the certification programme are eligible for CPD points under the FIMM’s Continuing Professional Development programme.

Globally Recognised Professional Qualification

Topic 8: Tax Planning in Financial Planning Topic 9: The Employees Provident Fund and Retirement PlanningTopic 10: Taxation Acpects of Business Succession PlanningTopic 11: Real Property Gains Tax

MEMBER OF KDU EDUCATION GROUP

Part 1: INSURANCE PLANNING

Financial Planning Process

KDU Management Development Centre (KMDC)

K D U M A N A G E M E N T D E V E L O P M E N T C E N T R E

Creating Value and Enrichment in Lifelong Learning

CERTIFIED FINANCIAL PLANNERR

www.facebook.com/mycfp

join us on

twitter.com/mycfp

follow us on

About KMDCKDU Management Development Centre Sdn. Bhd. (KMDC) is a workforce transformation andlearning solutions provider established to develop and enhance the capabilities of professionalsthrough leading edge and high quality executive education and professional developmentprogrammes.

KMDC is the leading education provider with 60% market share in Klang Valley &Penang. KMDC offers innovative learning solutions with emphasis on personal as well asprofessional growth for the individual and integrated management solutions for dynamicorganisational change.

The team at KMDC understands what drives individuals and organisations to succeed andadvance into leadership positions. Our model engages learners in a transformational experiencethat goes beyond the mere acquisition of knowledge. Our learning network brings professionals,client organisations, partner learning providers and learning members together in a network thatcan promote lasting, rewarding and satisfying lifelong experiences.

Certification Course OutlineModule 3: Investment Planning & Retirement Planning

Candidates will understand the concepts of risk and return, the financial markets and instruments, and the basic concepts and tools of asset valuation and portfolio management. The aim is to be able to evaluate alternative investments, the advantages and disadvantages, and to make suitable investment recommendations to clients.

Module 1: Foundation in Financial PlanningCandidates are provided with an outline of each of the major concerns of a financial planner to instill a clear appreciation of financial planning and to prepare for the extensive study to be covered in the other modules.Topic 1: The Financial Planning Industry in MalaysiaTopic 2: The Economic Environment and Its Effects on Financial PlanningTopic 3: Risk Management and Insurance PlanningTopic 4: Investment PlanningTopic 5: Income Tax PlanningTopic 6: Retirement Planning / Estate PlanningTopic 7: The Basis of a Financial PlanTopic 8: Code of Ethics

Topic 1: Investment ConceptsTopic 2: Concepts of Portfolio Theory and Performance MeasuresTopic 3: Equity MarketTopic 4: Investment in Debt SecuritiesTopic 5: Derivatives and Structured ProductsTopic 6: Collective Investment Scheme and Unit TrustsTopic 7: Real Estates Investment

Module 2: Insurance Planning & Estate Planning

Candidates will understand the fundamental concepts of risk management and insurance, and gain the knowledge about various personal insurance products, both life and general, which are related to financial planning.Topic 1: Fundamental Concepts in Risk ManagementTopic 2: Insurance FundamentalsTopic 3: Legal Principles in InsuranceTopic 4: The Role of Insurance in Financial PlanningTopic 5: Factors Affecting Life Insurance NeedsTopic 6: Understanding Life Insurance Policy ContractsTopic 7: General Insurance Policy ContractsTopic 8: Health InsuranceTopic 9: Annuity Policy ContractsTopic 10: Legislation and Rules in the Insurance IndustryTopic 11: Consumer Protection and Insurance Industry Codes

of Practice

Part 2: ESTATE PLANNINGThe area of estate planning includes preparing provision for administration of the affairs of a client by someone other than the client.

Topic 12: Estate Planning FundamentalsTopic 13: Wills and Will PlanningTopic 14: TrustsTopic 15: Powers of AttorneyTopic 16: Duties and Power of the Personal RepresentativeTopic 17: Special Estate Planning Issues for Business Owners

Part 2: RETIREMENT PLANNINGThis part covers how to analyse a clients' retirement needs and the ways in which these needs can be met.

Topic 8: Investment for Retirement

Topic 10: Retirement SchemesTopic 11: The Employee Provident Fund (EPF) and Private

Retirement Scheme (PRS)Topic 12: Retirement Income StreamsTopic 13: Role of Financial Planner in Pre-Retirement Counselling

Optional Module: Tax PlanningCandidates will further their existing knowledge and skills in the area of taxation planning. The unit deals with consideration of income tax and other forms of taxation. Case studies of different tax scenarios are also analysed in the module.

Topic 1: Introduction to MalaysianTaxationTopic 2: Computation of Statutory Income from EmploymentTopic 3: Computation of Statutory Income from BusinessTopic 4: Computation of Statutory Income from InvestmentsTopic 5: Computation of Chargeable Income and Tax PayableTopic 6: Tax Treatment of Various Tax EntitiesTopic 7: Taxation Administration and Tax Audits

KMDC Office, Level 3, Admin Block, KDU Glenmarie Campus,Jalan Kontraktor U1/14, Seksyen U1, 40150 Shah Alam,Selangor Darul Ehsan, MALAYSIA(GPS: 3.0839387, 101.5596912)Tel : 03-5565 0799/ 0798 (Mon-Fri,9am-6pm)Fax : 03-5565 0797Mobile : 012-3989030 (weekends only)Email : start@kmdc.com.myWebsite : www.kmdc.com.myFacebook (CFP): www.facebook.com/MYCFPFacebook (Executive Education): www.facebook.com/MyExecEd

Module 4: Financial Plan Construction and Professional Responsibilities

Topic 1: Financial Planning and the Regulatory EnvironmentTopic 2:

Establishing Client-Financial Planning Professional Relationships

Topic 2-1:

Topic 2-2: Gathering Client Data and Determining Goals and Expectations

Topic 2-3: Determining the Client’s Financial Status by Analysing andEvaluating the Client’s Information

Topic 2-4: Analyse Client Objectives, Needs, and Financial SituationTopic 2-5: Developing and Presenting the Financial PlanTopic 2-6: Implementing the Financial PlanTopic 2-7: Monitoring the Financial Plan

This module is for candidates who have completed Module 1 to 3, or who are preparing for the Challenge Status. The financial plan construction process will be meticulously considered.

Globally Recognised Locally Supported

The Leading Education Provider in Malaysia

1. The CFP certification programme is an internationally recognised qualification promoted by FPAM as the industry standard for professionals in the personal finance industry. 2. Examinations for the CFP credential conducted by FPAM are validated by the Financial Planning Standards Board (FPSB).

3. The CFP credential is recognised by Bank Negara Malaysia and the Securities Commission.

4. The CFP certification programme has also been adopted by many major financial institutions worldwide and locally.

5. Introduced in 1972, the CFP certification grew and became the Gold standard for financial Planning.

www.kmdc.com.myKDU Management Development Centre

OUR MISSIONCreating Value and Enrichmentin Lifelong Learning

OUR PLEDGEGraduates:Become Employable FastProfessionals:Retool Your CareerCompanies:Retrain and Retain ValuableEmployees

Other Benefits of the CFP Mark

Part 1: INVESTMENT PLANNING

Topic 9: The Underlying Principles of Retirement Planning

Exemption from FIMM’s CUTEHolders of the CFP credential are eligible for exemption from the Computerised Unit Trust Examinations (CUTE) conducted by theFederation of Investment Managers Malaysia.

Fees Eligible for EPF & HRDF FundingThe fees for the programme are eligible for withdrawal for education purpose under the Employees Provident Fund (EPF) and traininggrant under the Human Resource Development Fund (HRDF).

Recognised by FIMM for CPD PointsThe individual modules under the certification programme are eligible for CPD points under the FIMM’s Continuing Professional Development programme.

Globally Recognised Professional Qualification

Topic 8: Tax Planning in Financial Planning Topic 9: The Employees Provident Fund and Retirement PlanningTopic 10: Taxation Acpects of Business Succession PlanningTopic 11: Real Property Gains Tax

MEMBER OF KDU EDUCATION GROUP

Part 1: INSURANCE PLANNING

Financial Planning Process