1. Historical Development of Financial Planning

2. U.S.A.  Began in 1971  Denver, Colorado  College for Financial Planning

3. CFP Board Practice Standards  Society of Financial Service Professionals (Singapore)  Practice Guidelines  ISO/TC222

4.  Orange Country  Enron  Mutual Funds - Fines $675 million  Wall Street Firms - Fines $Billion Financial Scandals

5. Centre for Fiduciary Studies  Foundation for Fiduciary Studies  Managing Investment Fiduciary Responsibility  27 Prudent Investment Practices

6. United Kingdom  After Polarisation  Now Depolarisation  Multi-tied  Commission Bias - £147 Million

7. Australia  Consumers Association of Australia  Industry is Structurally Corrupt

8. Asia  CNBC Interview  Another Excuse to Sell?

9. Singapore  Central Provident Fund  69% Lost Money After 10 Years  Did Not Beat 2.5 Interest

10. 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

11. 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 ”

12. Investments  Markets Driven by Policy? Or Market Forces?  Property  Stocks  Unit Trusts/Investment-Linked Products  Guaranteed Funds/Structured Deposits

13.  Benefits to the Community as a Whole  Financial Goals and Concerns  Financial Roadmap  A Nation’s Wealth Accumulation

14. Loan Costs Versus Accumulation

15. Don’t Repeat Mistakes!  Expenses Ratio  Distributor Fees  Pension Account Fees More than Cash  Switching Fees  Promoting Upside  5 Star Funds

16.  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 ?