Rajen Devadason brings a wealth of knowledge to the show, covering history, global impacts from politics and population growth, the looming retirement crisis in Asia and why he created a model-neutral financial planning practice. This episode goes beyond just financial services and has something we can all learn from.

You’ll Learn

History of Malaysia and neighboring countries (including Singapore and Brunei) and history’s impact on Malaysia’s economy.
Financial services business models in Malaysia.
The first country to regulate and license financial planning.
A new way of looking at the pneumonic (EGADIM) for the six-step financial planning process.
A long-term look at global population growth and it’s impacts on longevity, life and financial planning.
A variety of ways professionals can give back (pro bono, writing, speaking).
About the looming retirement crisis in Asia.
That even strong, mandated retirement contribution rates don’t always lead to financial stability in retirement.
Why the general rule of younger = higher risk tolerance and riskier investments can be detrimental to long-term investing.
A unique way of connecting with and working with the next-generation of clients.
The benefits of running a model-neutral practice including fee-only, fee + commission and commission only

Guest Bio Rajen Devadason is a CERTIFIED FINANCIAL PLANNER Professional and a Malaysian Securities Commission-licensed financial planner. He is the CEO of consulting company RD WealthCreation and has authored or co-authored 10 books so far, including Malaysia's first holistic financial planning book Financial Freedom back in 1998. Rajen graduated with a BSc Honours in Physics and Computing from King's College, University of London, and has been a member of MENSA UK (British Mensa) for more than 30 years.

Resources and Terminology

Rajen’s LinkedIn
Rajen’s Twitter
Rajen’s Website
FPAM: Financial Planning Association of Malaysia
FPSB’s History Book: “Our Journey To A Global Financial Planning Profession"
PRS: Personal Retirement System
EPF: Employee Provident Fund

IA 005: Malaysia with Rajen Devadason, CFP 58:06 Share

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Shownotes Transcript

IA 005: Malaysia with Rajen Devadason, CFP