Kuala Lumpur, 13 October 2017
SC: Malaysians Should Start Planning and Investing for the Future

InvestSmart® Fest 2017, an initiative by Securities Commission Malaysia (SC), was officiated by Yang Berhormat Brig. Jeneral Khairy Jamaluddin Abu Bakar, Minister of Youth and Sports Malaysia at the Kuala Lumpur Convention Centre this morning.

Held annually, the three-day InvestSmart Fest from 13 to 15 October 2017 aims to promote financial and investment literacy in order to enhance investor empowerment.  Themed “Invest For Your Future”, InvestSmart® Fest 2017 is in line with SC’s efforts in promoting long term savings and investments, and retirement planning.

“With the growing sophistication of the capital market, the number of financial and investment decisions that consumers have to make is increasing. Longer life expectancy also means there is a need to ensure that accumulated savings are enough to cover longer period of retirement. Consumers are also responsible for the financial products they decide to purchase and will have to face the consequences of their choice. Equipping consumers with financial and investment literacy is crucial to enable them to protect themselves, cope with unexpected events, and ensure their financial well-being,” said Tan Sri Ranjit Ajit Singh, Chairman of SC.

Since the launch of InvestSmart® by YB Khairy Jamaluddin in 2014, the SC has reached out to over 1 million Malaysians through seminars, roadshows, and engagement with community leaders (SC-In-The-Community Programme) nationwide. The use of digital channels such as websites, Facebook page and mobile app has allowed SC to also reach out to the tech-savvy and younger Malaysian demography.

For more information on event details, please visit InvestSmartSC Facebook page and www.investsmartsc.my.

SECURITIES COMMISSION MALAYSIA