16 Jul Willkey and FPAM partner up!
as a result .. highlights the role of will registration and storage in financial planning process
WillKey, Malaysia’s first centralised Will registry, is now a
financial solutions partner of SmartFinance.my – the Financial Planning Association of Malaysia (FPAM)’s public education platform effective today, with the signing of a Memorandum of Understanding (MoU) between MWD Wills Depository Sdn Bhd – and FPAM for a two-year collaboration.
The two organisations were represented by Sheila De Costa, Director of MWD Wills Depository Sdn Bhd and Linnet Lee, Chief Executive Officer of the Financial Planning Association of Malaysia respectively.
The SmartFinance platform is to encourage the public to seek assistance from licensed financial planners for personal financial management and planning. Through the partnership, members of the public and financial planners will both benefit from the purchase of WillKey’s services via SmartFinance.my.
“In general, people engage the services of a financial planner to ensure financial security and also provide well for the needs of their loved ones after they have passed on. However, while it is well known that having a Will made is key to ensuring a smooth transfer of assets to our heirs, few are aware of their options when it comes to the safekeeping of a Will.
Through this partnership with FPAM, we aim to create and improve awareness on how Will registration, storage and search plays a role in the efficient management of assets. We look forward to working with FPAM and its members to share knowledge on how easy location of a Will when needed is very important to enable efficient administration of the deceased’s estate and to avert disputes on the intentions of the deceased,” said Sheila De Costa, Director of MWD Wills Depository Sdn Bhd.
With the partnership, Licensed Financial Planners listed in SmartFinance who refer their clients requiring WillKey’s Will Registration services enjoy a referral fee by activating their
accumulated points to access the programme.
Also, members of the public are registered users of the SmartFinance platform who are not using the services of a Licensed Financial Planner can obtain a discount for WillKey’s Will Registration, Premium Storage (Lifetime) and Sealed Storage (Lifetime) services.
They can enjoy the discount by redeeming an e-voucher with 15 member points, which they can accumulate by participating in learning activities and using tools offered on the website.
“At FPAM, we believe that a good financial planner is always alert to new services on the market that can improve the financial planning process, and in turn, share this information with clients. We are cognisant that in a good asset management system, it is important to not just have a Will, but to have a Will that is safely stored and easily accessible to approved persons when needed. We are pleased to collaborate with WillKey to create awareness on the role of Will registration, storage and search in the financial planning process and hope that members of the public and financial planners registered on SmartFinance.my will take the
opportunity to become early adopters and enjoy the incentives offered,” said Linnet Lee, Chief Executive Officer of the Financial Planning Association of Malaysia.
WillKey™ offers a centralised registry that serves as a platform for testators, lawyers and Will writing service providers to register and or store their Wills or their clients’ Wills, to make the search process for a Will more effective when the Will is needed. This enables predetermined
persons such as lawyers, executors or next-of-kin to access information on a particular Will or retrieve it conveniently and without hassle, so the wishes of the testator can be carried out without delay.
For more detailed information on the new programme, please visit https://smartfinance.my
To find out more about WillKey and for a comprehensive list of its services and subscription fees, please visit http://www.mywillkey.com.
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