the min wages is RM2,800.00 . For every PB employees , all wages are RM2.8k if not mistaken based on their website .

Wah so many modules to take, last time just sit for FMUTM one paper only

Still it is just one paper and it is now regulated by SC instead of FIMM (previously known as FMUTM). UTC Basic Modules are prepared for UTCs who joined my agency as I find many UTCs commence their work with very limited knowledge in both equities and unit trust investment.

Being a unit trust agent is going out of fashion.

Nowadays, people do it online themselves for a lot lower service charge (like 0.88%, or 2%), rather than pay agents 5.5% for very little added-value.

This post has been edited by howszat: May 31 2012, 10:13 PM

Agreed!

Join as a Unit Trust Consultant with Public Mutual Berhad and starts enjoying guaranteed discounts in service charge at 50% for "Cash Scheme" and 67% for "EPF Scheme" investments respectively from Malaysia No1 Unit Trust Company for 9 Consecutive Years!

Exclusively designated for Public Mutual Unit Trust Consultant!

To become a Unit Trust Consultant (UTC), candidates must fulfill the following requirements;

a. Candidates must be of 25 years of age and above.
b. Candidates must possess a minimum qualification of SPM with a credit in either Bahasa Malaysia or English or Mandarin + a credit in Mathematics (Modern Mathematics)
c. Candidates must be a working adult.

If you are ready to enjoy these guaranteed discounts, you are welcome to forward your contact number to Felix at 012 277 1025

"Smart Investors Opt For Smart Savings"

Looking forward to hearing from these smart people!

Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad

Bro, just a thought.
The discounts effectively are not 50% and 67% if i factor in income tax right?
ie. those discounts U mention are commissions paid/received to/from self, thus attracts income tax as the commissions will be part of one's income.
eg.
a. 5.5% service charged for cash equity fund purchase
b. of which 2.75% (50%) is agent's commission
c. of which 2.75% * 25% tax is to be paid (my level of income tax), ie. 2.75% - (2.75%*25%) thus effectively i save only 2.06% effective OR
to put it in another perspective, save 37.50% instead of 50% for cash purchases.

Please correct me if i'm mistaken - i'd like to know if i'm declaring and being taxed wrongly
Note - i'm ignoring the fact that an agent can invest at NAV (ie. zero service charges) for up to RMx,xxx.xx per fund + monthly DCA via agent's commission earned into these funds.
I'm just focusing on "normal" cash purchases online + EPF purchases

This post has been edited by wongmunkeong: Jun 6 2012, 08:19 AM

I thought agent are not allowed to rekruit in Internet..

I think what they meant was trading online (buy/sell unit trust) not recruiting

We are still recruiting for the month of June/July Session!

Do make your inquiry now by contacting Felix at 012 277 1025


Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad

This post has been edited by felixwang: Jun 7 2012, 06:15 PM

Public Mutual is currently recruiting. Please check out our Jobstreet ad at http://siva-my.jobstreet.com/_ads/my/jobs/...88.htm?17114133

Cheers!

The following is the criteria in becoming a Unit Trust Consultant of Public Mutual

As to become a Unit Trust Consultant (UTC), candidates must fulfill the following requirements;

a. Candidates must be of 25 years of age and above.
b. Candidates must possess a minimum qualification of SPM with a credit in either Bahasa Malaysia or English or Mandarin + a credit in Mathematics (Modern Mathematics)
c. Candidates must be a working adult.

For further inquiries pertaining to joining Public Mutual as a Unit Trust Consultant; you are welcome to contact me at 012 277 1025 or email me at felix.publicmutual@hotmail.com with no obligation.

Looking forward to hearing from you!

Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad

This post has been edited by felixwang: Jun 19 2012, 10:02 AM

Not all funds u can invest in.

can anyone tell me which is the best? Public Mutual or CWA to work? I've registered with CWA but contemplating to join Public Mutual. Maybe felixwang can explain? Fulltime.

both are ok. depends on how u manage your clients.

waht wrong with CWA?
dont trust the compny, trust urself like CWA mil sisters.

PM me if u still interested om public mutual.

What i meant is in terms of working environment (training, etc). Perks as well. What do you reckon? Is the training provided by CWA similar to PB? Is it the whole-group-participation high energy training? Get what I mean? Because from what I've experienced, I notice CWA training is towards FUN and HIGH energy participation. Not sure about PB. Another thing, does PB rent offices like CWA do?

atttend trainig to get CPD points are mondatory. weekly agency meeting is up to u to attend. better attend to get more knowledge and learn sales skills. and some/many usefull free/paid training too.

high energy?? PM is the higher maybe, NO 1 UTMC.

yes, renting some of the offices.

Hey, may i know is it any bank's unit trust agent, the age requirement is
only 18 and above?

I see... I was never told by my upline about the CPD point... doing research on FIMM now.. Thank you for your info =) Owh btw, my exam is this weekend !

The following is the criteria in becoming a Unit Trust Consultant of Public Mutual

As to become a Unit Trust Consultant (UTC), candidates must fulfill the following requirements;

a. Candidates must be of 25 years of age and above.
b. Candidates must possess a minimum qualification of SPM with a credit in either Bahasa Malaysia or English or Mandarin + a credit in Mathematics (Modern Mathematics)
c. Candidates must be a working adult.

Candidates will undergo 5 UTC Basic Training Modules as to ensure they are able to carry out their work efficiently and add value to their services.

a. Module 1 - Understanding Bursa Malaysia
b. Module 2 - Fundasmentals of Unit Trust
c. Module 3 - Sales Presentation (Theory & Practical)
d. Module 4 - Objection Handling
f. Module 5 - Financial Planning


For further inquiries pertaining to joining Public Mutual as a Unit Trust Consultant; you are welcome to contact me at 012 277 1025 or email me at felix.publicmutual@hotmail.com with no obligation.

Looking forward to hearing from you!

Thank you and kind regards,

Felix Wang
Agency Manager
Public Mutual Berhad