Private Retirement Scheme Public Mutual
Private retirement schemes prs is a voluntary long term savings and investment scheme designed to help you save more for your retirement.
Private retirement scheme public mutual. Private retirement scheme prs pre retirement withdrawal prs members can make pre retirement withdrawals for permanent total disablement ptd serious disease sd and mental disability md with effect from 1 august 2017. The prs is a defined contribution pension scheme which allows people to voluntarily contribute into an investment vehicle for the purposes of building up their retirement fund. Contribute to prs and enjoy.
Manulife investment management principal asset management public mutual rhb am prs distributors list of schemes funds fees comparison fund performance prs faqs. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. Public mutual prs islamic growth fund.
A voluntary long term contribution scheme designed to help individuals accumulate savings for retirement. Private retirement scheme prs is a voluntary long term contribution scheme designed to help individuals accumulate savings for retirement. Up to rm3 000 tax relief per year.
Public mutual prs islamic moderate fund. Prs youth prs youth. Private retirement scheme prs vesting programme for employers is a scheme that can help employers boost their compensation package by offering to contribute to their employees retirement fund on top of the mandatory employees provident fund epf contribution.
We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Rhb asset management sdn bhd. Public mutual prs islamic strategic equity fund.
Public mutual has been managing funds for more than 30 years and is committed to consistently deliver above average medium to long term returns for all its funds. Public mutual private retirement scheme shariah based series. P ublic mutual is the largest private unit trust company in malaysia.
This is especially useful for those who wish to grow their retirement fund and invest but aren t savvy in the area of investment. Prs providers schemes affin hwang am. While epf contributions are vested immediately with the employees the vesting of prs funds can be customised based on the employers preference.
Public mutual prs islamic conservative fund. Prs seek to enhance choices available for all malaysians whether employed or self employed to supplement their retirement savings under a well structured and regulated environment. Public bank also distributes a wide range of prs funds that you may choose to contribute based on your contribution time horizon risk appetite and age.
What is private retirement scheme prs.
