Ifast Corporation Ltd · SGX:AIY
Ifast — Corporate Update (July 2017)
17 slides from Ifast's corporate update, Jul 14, 2017
Slide 1: FA Industry – Moving Onto Phase 2 Of Its Growth
FA Industry – Moving Onto Phase 2 Of Its Growth Presentation by Mr Lim Chung Chun, Chairman & CEO, iFAST Corporation Ltd. 14 July 2017 1 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 2: Disclaimer
Disclaimer This presentation should be read as an overview of iFAST Corporation Ltd.’s ("iFAST Corp" or together with its subsidiaries, the “Group”) current business activities and operating environment. This presentation should not be solely relied upon by current and potential investors when makin
Slide 3: Agenda
Agenda • Phase 1 of the FA Industry • Singapore’s Stockbroking Industry – Gaps and Opportunities • Recent Efforts and Directions from the government and Monetary Authority of Singapore (MAS) • Singapore’s FA Industry - Moving Onto Phase 2 – More broad-based investment advice – Greater Adoption of Di
Slide 4: Phase 1 Of The Financial Advisory Industry (2002 – 2016)
Phase 1 Of The Financial Advisory Industry (2002 – 2016) 4 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 5: Phase 1 Of The FA Industry
Phase 1 Of The FA Industry • The Financial Advisory (FA) Industry emerged in 2002 with the enactment of the Financial Advisers Act in Oct 2002 • 2003 – 2007 saw rapid growth in the number of FA Firms and FA Representatives (Wealth Advisers) • Post-2008 Global Financial Crisis, growth rates slowed do
Slide 6: Singapore’s Stockbroking Industry (Gaps and Opportunities)
Singapore’s Stockbroking Industry (Gaps and Opportunities) 6 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 7: Singapore’s Stockbroking Industry
Singapore’s Stockbroking Industry • Margins and profitability within the stockbroking industry have declined substantially in the last two decades • However, the business model of some of the retail stockbrokers has not changed substantially • There is still a lot of reliance on contra-trading by so
Slide 8: What Investors Need For Long Term
What Investors Need For Long Term • For over 80% of investors, investing profitably in stocks in the long run means having: – The right investment planning process; – The right investment time frame; and – The right stock-picking process which depends on fundamental research • Intermediaries whose m
Slide 9: Recent Efforts and Directions from the government and MAS
Recent Efforts and Directions from the government and MAS 9 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 10: Singapore’s Evolving Landscape
Singapore’s Evolving Landscape • Historically, foreign multi-national corporations, and local banks and financial institutions, dominate Singapore’s financial sector • The government and MAS have in recent years increasingly recognised the need to support local home- grown companies a lot more • MAS
Slide 11: MAS Consultation Paper In June 2017
MAS Consultation Paper In June 2017 • Provision of Digital Advisory Services – Consultation Paper from MAS titled “Provision of digital advisory services” was released on 7 June 2017 • 2 main points to be pointed out: Point 1: MAS making it easier for financial advisers to adopt digital strategies
Slide 12: Singapore’s FA Industry – Moving Onto Phase 2 (2017 Onwards)
Singapore’s FA Industry – Moving Onto Phase 2 (2017 Onwards) 12 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 13: Phase 2 Of The FA Industry
Phase 2 Of The FA Industry • We believe that factors are now in place for forward-looking FA firms to move onto Phase 2 of growth • In Phase 2, FA firms will be offering a broader range of investment planning services to individuals or families – The key investment products will be unit trusts, ETFs
Slide 14: Phase 2 Of The FA Industry
Phase 2 Of The FA Industry • In Phase 2, there will be a bigger variety of business models offered by different FA firms – Financial planning, protection, investment planning services, fund management services • The more forward looking FA firms will have more productive FA reps, with higher assets
Slide 15: The iFAST Wrap Platform – Empowering The Right Advisory Model
The iFAST Wrap Platform – Empowering The Right Advisory Model 15 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C
Slide 16: The iFAST Wrap Account
The iFAST Wrap Account • Investors increasingly want the advisers to be able to advise them across the whole range of investment asset classes (gambling instruments not needed) – Unit trusts, ETFs, bonds and stocks • The iFAST Wrap Account will be one of the key infrastructure enabling that • Launch
Slide 17: Thank you. For more information, please visit www.ifastcorp.com
Thank you. For more information, please visit www.ifastcorp.com PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 17