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Creating awareness on the importance of financial planning


Webmaster Jul 7th, 2009 .

By Amin Hosni

IN AN effort to increase awareness and understanding on the importance of financial planning, the Corporate Communication Department from the Employees Trust Fund (TAP) organised a Financial Planning roadshow for 40 new personnel from the Information Department.

The roadshow, which is part of an induction programme coordinated by the Information Department, was held at the Orang Kaya Shahbandar Conference Room, Information Department.

In one of the talks, Hjh Raeidyah bte Hj Bujang, TAP’S Investment Officer, explains the roles that TAP plays as a social security organisation and how it is related to financial planning.

She said the five per cent contribution from members are just a minimum rate and the remaining 95 per cent is left for them to control on their own.

She advised members to make a projection on their life-style and the financial objectives that they want to achieve by the time they retire. She also enlightened the audience on the process of investment as well as the implication of the global market performance to dividends.

Meanwhile, a certified Financial Planner from HSBC, Hjh Asmandi Hj Ramlee, provided a much wider scope of the financial planning concept that can be used in a person’s life stages.

She also shared tips on how to control debts and ways to start financial planning.

TAP, with the cooperation from several financial institutions and government departments, said it will continue to extend the financial planning roadshow to the public with an aim to increase awareness on financial planning especially in taking responsibility of one’s finances without having to rely on others.

Organisations, institutions and schools that are interested on the roadshow may contact the TAP Corporate Communication Department at 2382929 ext 720.


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