Private retirement schemes attract strong interest


THE private retirement schemes (PRS) attracted strong interest, especially among those aged below 30 years as the net asset value (NAV) rose 20% to RM2.66bil last year.

The Private Pension Administrator (PPA) Malaysia, which is the central administrator for PRS, says that despite the economic challenges domestically and internationally, more people saved with PRS in 2018 than in any previous years since the launch of the PRS in 2012.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , PRS , members , youth

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