I believe it won't be that fast.

Still can login?
I thought PPA said it's temporary unavailable till further notice.

No difference in the sales charge and tax relief.
The only difference will be number of units acquired based on NAV like normal unit trust funds (non-fixed price funds) which ultimately determines the fund performance (return).

This post has been edited by GrumpyNooby: Dec 13 2020, 03:00 PM

PPA portal doesn't allow to buy a new fund from PRS provider which is not under your holdings.
You can buy top up into existing fund or buy a new fund from the same PRS provider (my guess).

For FSM formless portal, just key in your existing PPA number should be able to proceed.

This post has been edited by GrumpyNooby: Dec 13 2020, 04:40 PM

Your PRS provider should send you statement on top of PPA.

Balance at where?

No difference as they merely "sales agent".

50 sen is nothing in today's world.

This post has been edited by GrumpyNooby: Dec 16 2020, 09:28 AM

Do take note of the cut-off time for transactions to be performed at PPA portal:

Contact CS to request to exercise for cooling off.

Introducing Online Retirement Consultation Assistance (ORCA)



Private Pension Administrator Malaysia (PPA) is pleased to introduce the Online Retirement Consultation Assistance (ORCA) – an online service that provides a platform for PRS Members to schedule an appointment to get advice on retirement planning and savings.

Developed by PPA, ORCA is a complimentary service for PRS Members to access licensed Financial Planners administered by Financial Planning Association of Malaysia (FPAM) under the SmartFinance initiative.

https://orca.ppa.my/

Can consider REIT since the price has undervalued or sub-par for months.

Manulife PRS Asia-Pacific REIT - Class C
AmPRS - Asia Pacific REITs - Class D
Manulife Shariah PRS - Global REIT - Class C

Principal PRS Plus Asia Pacific Ex Japan Equity - Class C hit ATH again at 1.2659

That's why never wait or time the market.

This post has been edited by GrumpyNooby: Dec 18 2020, 05:17 PM

I also took money from EPF into Principal Greater China Equity Fund - MYR and the return-to-date is already close to 10%
And also I took my personal money into Principal Asia Pacific Dynamic Growth Fund - MYR and that fund return-to-date is also close to 10%

Has to be brave to make the decision!

If fund has been deducted, do check with FSM CS regarding the transfer status.
If fund has not been deducted, void the the transaction and redo the order placement.

This post has been edited by GrumpyNooby: Dec 18 2020, 05:24 PM

If they received the fund, you should receive acknowledgement email.
Afraid the fund got stuck in between and need to deal with Paynet.

The email I said was from FSM on top of the FPX/Paynet email.

hi everyone, im interested with PRS and do hope someone can explain about this to me... i did some google search and found that it looks like a unit trust with RM3000 tax relief... no need to pay using EPF money and there are many fund or bank for selection... the things that i confuse with is how do we start with this? what is FSM? how do i set up beneficial incase i die before 55 years old?
the things that i confuse with is how do we start with this? You can DIY at PPA portal or FSM.
what is FSM? They're middleman/agent/distributor like eunittrust.com
how do i set up beneficial incase i die before 55 years old? Submit the completed nomination form with PPA or your sales channel like FSM

Most of the PRS funds are feeder funds to its existing funds of the PRS provider under its management; i.e they don't want to reinvent the wheel.
As you had already read up, PRS works like EPF with disguise of unit trusts.
PRS provider makes it simple by just rating the PRS funds that they're offering under 3 mainly core risk categories: Conservative, Moderate and Growth based on your age.

This post has been edited by GrumpyNooby: Dec 19 2020, 05:59 AM

If you have already opened a PPA account with PM, it'll be linked to the PPA system.
Remember PPA is the administrator and PM is the PRS provider (aka fund manager).