Private Retirement Scheme Public Mutual
Public mutual private retirement scheme shariah based series.
Private retirement scheme public mutual. Prs youth prs youth. Rhb asset management sdn bhd. While epf contributions are vested immediately with the employees the vesting of prs funds can be customised based on the employers preference.
Private retirement scheme prs is a voluntary long term contribution scheme designed to help individuals accumulate savings for retirement. 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. Public mutual prs islamic conservative fund.
What is private retirement scheme prs. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. Funds under prs are neither capital guaranteed nor capital protected.
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. Public mutual prs islamic strategic equity fund. 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.
We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Private pension administrator ppa malaysia is the central administrator for private retirement schemes. 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 mutual prs islamic moderate fund. P ublic mutual is the largest private unit trust company in malaysia. A voluntary long term contribution scheme designed to help individuals accumulate savings for retirement.
Public mutual prs islamic growth fund. Manulife investment management principal asset management public mutual rhb am prs distributors list of schemes funds fees comparison fund performance prs faqs. 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. Private retirement schemes prs is a voluntary long term savings and investment scheme designed to help you save more for your retirement. 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.
This is especially useful for those who wish to grow their retirement fund and invest but aren t savvy in the area of investment.
