MFPC makes PITA resits free

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OVER 40 prominent figures from the financial and takaful industry gathered at the Malaysian Financial Planning Council (MFPC) PITA Teh Tarik Session. The networking event took place on Jan 8, 2025, at the secretariat’s office.

Attendees included representatives from the Asian Institute of Insurance (Aii), Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA), and 23 Insurance Companies and Takaful Operators (ITOs).

The session highlighted the Professionalism of Insurance and Takaful Agents (PITA) programme. Spearheaded by MFPC, the programme is an initiative from Bank Negara Malaysia (BNM).

To strengthen the professionalism and advisory skills of insurance and takaful agents in Malaysia, PITA provides training through recognised certifications like the Registered Financial Planner (RFP) Module 2 and Shariah RFP Module 2.

In his address, MFPC President Andy Ng underscored MFPC’s dedication to upholding BNM’s regulatory standards while promoting collaboration and professionalism.

Furthermore, MFPC Executive Director Chung Kar Yin stated that candidates will now have unlimited free resits for the PITA examination. This move ensures equal opportunities for all agents and encourages continuous professional development. The policy will take effect from Jan 9 and remain in place until Dec 31, 2025.

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