Private Retirement Schemes hits 250,000 members, introduces more value-added services

  • Nation
  • Tuesday, 01 Aug 2017

PETALING JAYA: The Private Retirement Schemes (PRS) has hit a quarter of a million members, a record milestone for the voluntary retirement savings scheme.

In a statement on Monday, PRS central administrator Private Pension Administrator (PPA) said that the achievement was driven by key stakeholders; the PPA, the Securities Commission Malaysia as regulator, and the eight PRS providers who have constantly collaborated to elevate the industry to a higher level.

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