Historical Development of

Financial Planning

U.S.A.

Began in 1971 Denver, Colorado College for Financial Planning

CFP Board Practice Standards

Society of Financial Service Professionals (Singapore)

Practice Guidelines ISO/TC222

Orange Country Enron Mutual Funds - Fines $675

million Wall Street Firms - Fines $Billion

Financial Scandals

Centre for Fiduciary Studies

Foundation for Fiduciary Studies

Managing Investment Fiduciary Responsibility

27 Prudent Investment Practices

United Kingdom

After Polarisation Now Depolarisation Multi-tied Commission Bias - £147

Million

Australia

Consumers Association of Australia

Industry is Structurally Corrupt

Asia

CNBC Interview Another Excuse to Sell?

Singapore

Central Provident Fund 69% Lost Money After 10

Years Did Not Beat 2.5 Interest

Brunei Recent Development Ministry of Finance taking actions to

educate people on Financial Planning Personal Loans has been cut – Max 12

months salary paid over 6 years. Singapore?

Not Enough Money For Weddings – Lack of Planning, Lack of Saving or More Excuses!

Brunei Not Ready For Financial Planning?? – comment from people

Professional Body or Industry

Association ? Would You Recommend It To

Your Friend? An Immeasurable Asset -

“Trust is Hard to Evaluate, Harder to Gain, and Easy to Lose”

Investments

Markets Driven by Policy? Or Market Forces?

Property Stocks Unit Trusts/Investment-Linked

Products Guaranteed Funds/Structured

Deposits

Benefits to the Community as a Whole

Financial Goals and Concerns Financial Roadmap A Nation’s Wealth

Accumulation

Loan Costs Versus

Accumulation

Don’t Repeat

Mistakes! Expenses Ratio Distributor Fees Pension Account Fees More

than Cash Switching Fees Promoting Upside 5 Star Funds

Fund Managers Performance vs Benchmarks

Hedge Funds - 59.5% Survive FOF: 10% Gross - 3% Net to Investor Internet Retirement Planning:

Need to save $2,210 a month But Only Earn $ 3,000 ?