The Financial Planning Association of Singapore (FPAS) and GoalsMapper have entered into a Memorandum of Understanding (MOU) to collaborate on initiatives that aim to strengthen the financial advisory profession in Singapore. Signed on 12 December 2025, the MOU focuses on elevating industry standards and supporting the continuous professional development of financial planners.
This partnership will provide FPAS members with access to enhanced training and learning opportunities, enabling them to deliver more effective advisory outcomes. A key component of the MOU is the integration of GoalsMapper’s GM Mortgage solution, which aims to improve mortgage education within the advisory community. Given that property financing is a significant financial commitment for many, this initiative seeks to equip advisers with the necessary knowledge to offer competent and transparent advice.
Dr. Ben Fok, President of FPAS, highlighted the importance of the collaboration, stating, “Our focus has always been on the advancement of the financial planning profession. Collaborations like this enable us to introduce more pathways for skills development, raise advisory standards, and better support the evolving needs of our members.”
GoalsMapper CEO, Dato’ Wayne Chen, expressed enthusiasm for the partnership, noting, “At GoalsMapper, we are committed to redefining financial planning and to empower everyone to make better financial decisions. Partnering with leading associations such as FPAS allows us to contribute to the professional growth of the advisory community.”
The MOU marks the beginning of a concerted effort to enrich industry capability, enhance advisory quality, and deliver greater value to both practitioners and the public. This collaboration underscores a shared commitment to aligning industry practices with evolving consumer needs, ultimately fostering a future-ready financial advisory ecosystem in Singapore.