KUALA LUMPUR (Feb 26): Financial planning and retirement advisory firm Whitman Holdings Bhd debuted on the LEAP Market of Bursa Malaysia on Thursday, with the company saying it intends to play a constructive role in addressing Malaysia\u2019s structural retirement planning gap.<\/p>\n
Whitman managing director and founder Yap Ming Hui said one of the structural challenges in retirement preparation today is fragmentation. \u201cFinancial decisions are often made, and products are bought, in isolation, rather than as part of a coordinated long-term income strategy. As longevity increases, this approach becomes increasingly unsustainable,\u201d he said in a statement.<\/p>\n
He said retirement advisory must be integrated and structured.<\/p>\n
\u201cEffective retirement solutions should bring together planning, funding, income management, and legacy considerations into one coherent system. Strengthening our foundation through this listing enhances our ability to expand advisory capacity, deepen professional expertise, and support more Malaysians in retiring comfortably and worry-free,\u201d he added.<\/p>\n
According to Whitman, Malaysia\u2019s demographic transition and rising life expectancy are reshaping retirement realities. The Employees Provident Fund has set a new basic savings tier benchmark of\u00a0RM390,000\u00a0at age 55 as a minimum retirement threshold.<\/p>\n
\u201cHowever, official disclosures indicate that a substantial proportion of contributors fall short of this level,\u201d it noted.<\/p>\n
Wyncorp\u00a0Advisory Sdn Bhd is the approved adviser and continuing adviser for the listing exercise.<\/p>\n
At 11.27am, Whitman shares were five sen higher at 15 sen, with 60,000 shares traded.<\/p>\n","protected":false},"excerpt":{"rendered":"KUALA LUMPUR (Feb 26): Financial planning and retirement advisory firm Whitman Holdings Bhd debuted on the LEAP Market…\n","protected":false},"author":2,"featured_media":505305,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-505304","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/505304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=505304"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/505304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/505305"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=505304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=505304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=505304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}