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.
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