Raiz is a financial service app. Helping you to save and invest your money
Financial Planners are required to keep records of all advice made to clients for a period of up to 7 years.
Malaysians’ financial literacy has improved significantly from 36% to 59.6%. However they still need buckle up to address financial behaviour and numeracy.
The Bumiputera masses at the time were generally risk averse. Given their small capacity to save, let alone invest. Most had limited understanding of savings, investment or unit trusts.