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THE upcoming InvestSmart Fest from Oct 9 to 11 will feature more than 40 brokers, fund managers, private retirement scheme providers and equity crowdfunding operators.
KUALA LUMPUR: Kumpulan Wang Persaraan (Diperbadankan) (KWAP) chief executive officer Wan Kamaruzaman Wan Ahmad has been appointed as chairman of the MSWG’s institutional investor council.
KUALA LUMPUR: The assets under management (AUM) of the private retirement scheme (PRS), administered by the Private Pension Administrator Malaysia (PPA), is expected to surpass RM1 billion mark by year-end.
Whilst most people recognise the need to plan for their retirement, recent surveys showed that only about 20% think they have planned and adequately saved for their retirement, with the remaining 80% not ready to replace their earned income when retirement comes along.
KUALA LUMPUR: We often hear the adage “the early bird catches the worm” and this is especially true for retirement planning. But now, young adults who just started work face a multitude of commitments and challenges.
Retirement is certainly not a subject that we wake up thinking of every day, but I hope that the five retirement myths which we shared last issue has changed your perception about retirement and that you need to take responsibility to ensure that you are financially secured for your retirement.