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.
iFast Capital opening doors for investors with Malaysia s first ever multi-asset digital investment platform
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Kuala Lumpur, 1 April 2021 – iFAST Capital Sdn. Bhd., a wholly-owned Malaysian subsidiary of iFAST Corporation Ltd is announcing the launch of its latest stocks and exchange-traded fund (ETF) brokerage services on FSMOne in Malaysia - an online wealth management platform providing the widest range of products available to aid investors in their investment goals.
In line with iFAST Capital’s commitment to provide the best of wealth management all under one platform, the new product launch will not only permit do-it-yourself (DIY) investors to acquire unit trusts, direct bonds, managed portfolios and insurance, but to also gain convenient access to Stocks and ETFs listed on Bursa Malaysia.
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.