Malaysian deputy puts burden of education on financial advisers

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Muhammad bin Ibrahim, a deputy governor at Bank Negara Malaysia, today (October 31) said the Malaysian public's need for sound financial advice will grow as disposable income rises and demographics shift.

Speaking at the central bank's headquarters, Ibrahim said an increasingly "affluent and discerning" Malaysian society would demand high-quality, independent and personalised financial advice. Part of this is due to demographic change, Ibrahim said, as the percentage of the population living

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