E-Warranty Steadfast Advisory

About Us

Who are we?

Steadfast Advisory (M) Sdn Bhd (SAM) is an Approved Financial Adviser and Islamic Financial Adviser firm by Central Bank Of Malaysia (also known as Bank Negara Malaysia – BNM) under the Financial Services Act 2013 (FSA 2013) and Islamic Financial Services Act (IFSA 2013) respectively. Our services include Personal Financial Planning, life insurance planning, children education planning, retirement planning, estate planning, general insurance, business risk management planning, keyman insurance. Steadfast also provide Offshore financial solutions – trust / trust foundations services, offshore 101 insurance plans and captive insurance.

Further enchancing our professionalism, we are also affiliated with Anthola Group which is one of the largest insurance service providers in Malaysia since 1982 with offices in KL, Penang, Johor Bahru, Singapore & Jakarta. Our aim is to provide the holistic financial planning including insurance solutions and estate planning to meet our clients today’s sophisticated needs. http://www.antholagroup.com/

How we do it?

We care deeply about the needs of our clients. Professionalism, attention to detail, speed and dedication are at the core of everything we do. We put this energy into selecting the right products from multiple insurers to fit the best interest for our clients. In today’s world, speed and accuracy of information is vital to many decisions in our daily lives hence information technology plays a major role in our business. At Steadfast, our commitment to constantly upgrading our IT infrastructure to serve our clients, business alliances and Financial Adviser Representatives (FAR) better.

Service Guide

This service guide will provide you an understanding on the range of financial adviser’s representative (FAR)

Who We Are?

A FAR is appointed by a financial adviser (FA) to provide financial advisory services relating to insurance and takaful. A FA is regulated by Bank Negara Malaysia (BNM) under the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

What You Need To Know?

The Financial Services Act 2013 (FSA) and Islamic Financial Services Act (IFSA) regulate companies and individuals that provide advice on Insurance and Takaful products to consumers. The laws also provide Bank Negara Malaysia with the necessary regulatory and supervisory oversight powers to ensure business conduct and consumer protection compliance.

Who is A Financial Adviser?

A Financial Adviser (FA) is a company approved by Bank Negara Malaysia under the FSA to carry out financial advisory business.

Who is A Financial Adviser’s Representative?

A “Financial Adviser’s Representative” (FAR) means an individual, however styled, in the direct employment of acting, acting for or by arrangement with an approved FA, who performs for the FA any services relating to financial advisory business.

Who is An Islamic Financial Adviser?

An Islamic Financial Adviser (FA) is a company approved by Bank Negara Malaysia under the IFSA to carry out Islamic financial advisory business.

Who is An Islamic Financial Adviser’s Representative?

An “Islamic Financial Adviser’s Representative” (IFAR) means an individual, however styled, in the direct employment of acting, acting for or by arrangement with an approved FA, who performs for the IFA any services relating to Islamic financial advisory business.

Our Services

FARs understand your financial needs and desires and provide personal advice, strategies and solutions to achieve your life and wealth goals. Our advice typically encompass the following:

Building Wealth
• Education Planning
• Retirement Planning
• Wealth Accumulation

Protecting Wealth
• Income and Asset Protection
• Family and Personal Protection
• Business Ownership Protection
• Estate Planning

Managing Wealth
• Tax strategies for individuals, trusts and business owners
• Debt management for individuals, trusts and business owners
• Education and retirement fund management

The products commonly employed in our solutions:
• Life Insurance and Family Takaful products
• General Insurance and Takaful products
• Labuan and other international offshore products
• Will, Trust and Foundation

Work Scope of A Financial Adviser / Islamic Financial Adviser

What Is The Difference Between A Financial Adviser / Islamic Financial Adviser And An Insurance / Takaful Agent?

These differences are illustrated in the table below:

  Insurance Agent Takaful Agent FA / IFA
Represents Insurance Company Takaful Operator Customer
Approved / Registered by: PIAM (General Agents) or LIAM (Life Agents) Malaysian Takaful Association Bank Negara Malaysia

What Are The Requirements To Be A Financial Adviser / Islamic Financial Adviser?

• Must be a body corporate with a minimum paid-up capital
• Must have a minimum professional indemnity insurance coverage in order to protect consumers in cases of professional negligence
• Subject to compliance with specified licensing requirements for annual renewals

What Are The Requirements To Be A Financial Adviser’s Representative / Islamic Financial Adviser’s Representative?

• Possesses minimum professional qualifications specified by Bank Negara Malaysia, to ensure that they have the appropriate level of competency required to provide advice to the consumers
• Must fulfill minimum hours of continuous professional development programme annually, to ensure that they continuously maintain and enhance their abilities, skills and knowledge.

How Does A Financial Adviser And Financial Adviser’s Representative Benefit Me?

• In dealing with consumers, FA / IFA representatives must have a reasonable basis for the recommendation they make. They have to take into account your financial objectives, financial situation, and personal needs when recommending a financial product.
• A FA / IFA representative must take all reasonable steps to ensure that the product he / she recommends is suitable for you, taking into account the information you gave.
• Consumer should provide complete and accurate information to ensure that the FA / IFA representative is able to recommend a suitable product / solution.

What Should I Do If I Received An Unsolicited Call To Purchase An Insurance Product?

• You should find out where is the person calling from, the company he / she represents and whether he / she is an agent or a Bank Negara Malaysia approved FAR / IFAR.
• For further verification, please check the Bank Negara Malaysia website at https://www.bnm.gov.my under the List of Financial Adviser’s Representatives or contact the approved FA / IFA firm.

Who Can Claim To Be A Financial Adviser / Islamic Financial Adviser Representative?

• Financial Adviser is a restricted word under section 139 of the FSA. No person shall in its name, description or title uses such words, unless such person is approved under this Act to carry on financial advisory business.
• Islamic Financial Adviser is a restricted word under section 151 of the IFSA. No person shall in its name, description or title uses such words, unless such person is approved under this Act to carry on Islamic financial advisory business.
• Any person who contravenes these sections commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding eight years or to a fine not exceeding twenty-five million ringgit or to both.

In The Event Of Dispute, Who Should I Contact?

• Contact your FAR / IFAR and discuss over the matter.
• If your complaint is not satisfactorily resolved within the next seven working days, please contact the FA / IFA company. They will endeavour to resolve your complaint quickly and fairly. Or:
• Contact Ombudsman for Financial Services (OFS) and Bank Negara Malaysia for any dispute related to banking / financial, insurance and Takaful issues.

  Insurance Dispute
  Ombudsman for Financial Services (OFS) Bank Negara Malaysia
Address Level 14, Main Block Menara Takaful Malaysia No. 4, Jalan Sultan Sulaiman, 50000 Kuala Lumpur. Ground Floor, Block D, Bank Negara Malaysia. Jalan Dato’ Onn, 50480 Kuala Lumpur
Contact Number +603 – 2272 2811 1-300-88-5465 (Overseas : +603 – 2174 1717)
Facsimile Number +603 – 2272 1577 +603 – 2174 1515
Email enquiry@ofs.org.my bnmtelelink@bnm.gov.my
Website https://www.ofs.org.my www.bnm.gov.my

Download Service Guide


01

About Us
We care deeply about the needs of our clients. Professionalism, attention to detail, speed and dedication are at the core of everything we do.

02

Our Mission
Our mission is to help our clients and general public to be informed the importance of financial planning and risk management.

03

Our Vision
Our Vision is to be premier Financial Adviser empowered to serve the lifelong needs of our clients.

04

Our Services
Our financial advisory services are focused on delivering impartial, innovative and long-term solutions to our clients. Our relationship-driven approach ensures each client receives professional advice, tailored to deliver the best solutions.

05

Our Commitment
We are committed to deliver most innovative and holistic financial solutions to our individual and corporate clients. That’s what we do best.

06

Our Motto
Redefining Financial Solutions

JOIN OUR TEAM

    If you are from the following career or industry, you would probably want to know what more an you do with your talent and expertise.

  • Banking – Customer Relationship Manager / Executive, Personal Loan /
  • Mortgage / Credit Card Consutlant.
  • Life Insurance – Agency / Unit Manager , Career Agent or Agent
  • General Insurance – Enterpreneur, Business Owners, Agents
  • Unit Trust – Unit Trust Consultants / Agency Managers
  • Professionals – Legal firms / Accountants / Audit Firms
  • Estate Planning – Trust / Will / Estate Planning Advisors
  • Real Estate – Negotiator / Consultants / Owners
  • Others – Fresh Graduates / Internship / Risk Management Graduates and those who are serious in Financial Planning career.

We are Affiliated to a one of the largest risk management group which has been offering its expertise since 1982 with offices in KL, Penang, JB, Singapore and Indonesia.

We seek career minded individuals and entrepreneurs to join us in this promissing industry. We provide hoslitic financial solutions to your clients which may be beyond their current solutions.

We strongly believe in AllStar culture. Every partner / FAR is a star. Only with your success then only the organization will.

WE ARE HIRING

Financial Adviser Representative (FAR)

Join us as Licensed Financial Adviser Representative (FAR),a rewarding professsional career.

Associate FAR

We provide the roadmap for those who are serious and committed Associates wanting to be a professional FAR

ADDRESS

No. 25 - 2, Jalan Putra Mahkota 7/7B,
Putra Point Business Centre,
Putra Heights,
47650 Subang Jaya, Selangor, Malaysia.

 

Telephone
:+603 - 5614 0323
:+011 - 1076 2375

WARRANTY CARELINE

Call & Whatsapp
: +6016 - 3585 747


Website
Enquiry
: www.ewarranty2u.com
: harold@ewarranty2u.com
: careline@ewarranty2u.com