Qatar families urged to invest offshore

DOHA: The Pakistan Engineers Forum (PEF) organised a presentation on personal financial planning on Wednesday.

Dr Shaukat Chandna, Director of Future Financial Planning, personal finance division of Amwal, spoke on "The Value of a Comprehensive Protection Plan for a modern family".

Jim Quinn, Regional Sales Director of Forsyth Partners, an international financial services company, Amwal's partners in the region, gave a talk on "the importance and multiple benefits of creating an offshore investment account." Imran Yawar, charge d' affairs at the Pakistani mission, was present as chief guest.

Dr Chandna said that everyone needed a comprehensive protection plan that was flexible and met a family's ever-changing needs. Every household requires a comprehensive protection plan to meet its future financial obligations. Financial planning is necessary to take care of unforeseen emergencies. "The realisation that you did nothing to minimise the negative impact of that vacuum is criminal," asserted Dr Chandna, who has also served in Pakistan Army as a captain before moving into the corporate world. He said God has given intelligence to everyone to plan and think and to cater to the needs of those whom we leave behind.

Quinn, who specially flew in from the UAE to attend the event, briefed the audience about his company's investment and saving programmes and invited them to take benefit from the Forsyth Partners' expertise in the field of financial planning. Forsyth Partners is authorised and regulated in the conduct of investment business by the Financial Business Authority in the UK

Yawar presented mementoes to Dr Chandna and Quinn on behalf of the PEF. Earlier, PEF president Badar Sohail Khan, welcomed the gathering.