1.4 The Financial Planning Regulatory Environment

Praise for Personal Financial Planning

This book offers comprehensive guidance with a down-to-earth approach to personal financial planning in Malaysia. This is an important text that is filled with illustrative examples and case studies that reflect real-life situations.

Dr Joyce Nga has managed to bring together all the important concepts to present a holistic coverage of personal financial planning that not only includes investing in shares, unit trusts, properties, and other ways of wealth building, but also looks at credit and tax obligations, everyday spending and budgeting, protecting the family with suitable insurance policies, as well as retirement planning and estate planning. These are all inter-connected facets of personal financial planning.

Most interestingly, this book also covers Islamic wealth management, according to Islamic perspectives and principles, while also discussing the differences between conventional and Islamic wealth management.

This book is a significant resource for both students and lecturers studying personal financial planning as it includes exercises and practical cases. I would also say that this is the book of choice for the average Malaysian looking for a quality read on personal financial planning, as this book is tailored for the Malaysian context.

Siti Aminah Mainal

Senior Lecturer Universiti Teknologi MARA, Puncak Alam Campus