Malaysia mulls giving full tax exemption on emergency PRS withdrawals thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Consider signing up for private retirement schemes, EPF members told thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
Monday, 03 May 2021 09:06 PM MYT
Datuk Zaiton Mohd Hassan gives her opening remarks during the launch of the Public Transport Fund in Kuala Lumpur May 2, 2019. Picture by Ahmad Zamzahuri
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KUALA LUMPUR, May 3 The private retirement schemes (PRS) have exceeded RM5 billion in total net asset value (NAV) to-date, with half a million Malaysians saving for their retirement, representing an increase of 43 per cent from RM3.5 billion as at Dec 31, 2019.
In a statement today, the Private Pension Administrator Malaysia (PPA) said the NAV growth was made possible by the resilient and strong performance of PRS funds, despite going through volatility last year and witnessing its fair share of market movements over the past nine years.
More reasons to grow your retirement savings with PRS thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.