Topic 11 Flashcards
1
Q
What are the professional qualifications
A
Certified financial planner CFP(CM)
Associate financial planner
Associate wealth planner
ChFC
2
Q
Who are the major players in the industry?
A
MAS Personal data protection commission SGX Banks Stockbroking Firms insurance companies financial advisers independent financial advisers
3
Q
What are the licensing requirements for a financial advisor
A
CMFAS
4
Q
What are the acts under MAS
A
banking secrecy securities and futures act financial advisory act guidelines of fair dealing anti money laundering, counter financing of terrorism
5
Q
What is the evolution of the financial advisory industry
A
insurance specialist
insurance agent
insurance financial planner
financial consultants
