FIMM publishes updated Examination Study Guide in three main languages for prospective PRS consultants
Kuala Lumpur, 28 September 2015
The Federation of Investment Managers Malaysia (FIMM), a self-regulatory organisation recognised by Securities Commission Malaysia, has published an updated Private Retirement Scheme (PRS) Examination Study Guide for members from the unit trust and PRS industry.
The revised Guide is now published in three main languages namely English, Bahasa Melayu and Mandarin. It is designed to be used by prospective PRS consultants who are sitting for the PRS examination.
The Guide, first published in 2012 when the examination was introduced, is to assist candidates for the preparation of PRS examination for them to become qualified consultants. The sections in the Guide include chapters on the structure of private retirement scheme, its regulatory framework, features and constitution of the PRS scheme, the PRS scheme investments, PRS distributor and consultant.
The publication of this Guide in languages other than English is in line with the trilingual examination options – English, Bahasa Melayu, and Mandarin. Such creates greater opportunity for aspiring people who are in pursuit of becoming PRS consultants.
The first batch of candidates who sat for the examination in Bahasa Melayu and Mandarin was on 27 June 2015. As at 31 August 2015, there is a total of 20,803 PRS qualified consultants in Malaysia.
According to FIMM Chief Executive Officer, Nazaruddin Othman, PRS examination plays an important role in ensuring the standard of professionalism in the industry.
The lack of proficiency in any one particular language should not become a restriction for interested individuals from furthering their career in this field.
As an organisation that is mandated to ensuring the growth of unit trust and PRS industry, FIMM will continue to provide timely and useful guidance to potential consultants to help them grasp the knowledge, as well as providing up-to-date information to keep them abreast with the latest industry developments,” said Nazaruddin.
For further information, please contact:
Tengku Adrian Ismail
Tel: +(60)3 – 2093 2600 / +(60)16 – 696 0292
About Federation of Investment Managers Malaysia
The Federation of Investment Managers Malaysia (FIMM) was established in 1993 to support the development of the investment management industry. On 20 January 2011, FIMM was recognised as a Self-Regulatory Organisation (SRO) by Securities Commission Malaysia. As an SRO, FIMM regulates and supervises its members and registered persons to strive for the highest level of integrity and standards of practice that will best serve the investment management industry and promote investor protection.
For further information, log on to: www.fimm.com.my