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 Private Retirement Fund, What the hell is that??

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MUM
post Jul 24 2019, 11:33 AM

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QUOTE(IzaakC @ Jul 24 2019, 11:29 AM)
Just checked my PPA account and found out the Youth Incentive is credited on 18 July 2019.

It shows in my PPA as below, but when I check with FSM, the total amount is still not updated.

Anyone knows why?

[attachmentid=10290062]
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maybe just maybe that info has not reached FSM? or FSM maybe are in the process of updating?
Check with FSM for a definite/confirmed reply?
IzaakC
post Jul 24 2019, 11:44 AM

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QUOTE(MUM @ Jul 24 2019, 11:33 AM)
maybe just maybe that info has not reached FSM? or FSM maybe are in the process of updating?
Check with FSM for a definite/confirmed reply?
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Checked with FSM, it says FSM has yet to receive confirmation report form fund house. Once received, will allocate the units to my holdings.
IzaakC
post Jul 24 2019, 11:46 AM

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QUOTE(-CoupeFanatic- @ Jul 23 2019, 10:49 AM)
Q3 2019 already, but the RM1000 Youth Incentive Funds still not yet disbursed.

Starting to feel that PH gomen won't allow this incentive to be disbursed...
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QUOTE(IzaakC @ Jul 24 2019, 11:29 AM)
Just checked my PPA account and found out the Youth Incentive is credited on 18 July 2019.

It shows in my PPA as below, but when I check with FSM, the total amount is still not updated.

Anyone knows why?

[attachmentid=10290062]
*
Do check your PPA account for surprise. Mine was credited on 18 July whistling.gif

My initial contribution was during Nov 2018.
RetroMayday
post Jul 25 2019, 10:15 AM

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Just confirmed this morning as well. Didn't show up yesterday in my fund account's past and floating transaction lists.

Contributed a few days before 2019.
-CoupeFanatic-
post Jul 25 2019, 10:33 AM

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Just checked today and confirmed that I have received the RM1000 youth incentive bonus from government. rclxms.gif
yokoloco
post Jul 26 2019, 08:56 AM

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QUOTE(-CoupeFanatic- @ Jul 25 2019, 10:33 AM)
Just checked today and confirmed that I have received the RM1000 youth incentive bonus from government. rclxms.gif
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same. checked just now, realized its in.
cukur #rinduzamanNajib laugh.gif
-CoupeFanatic-
post Jul 26 2019, 10:20 AM

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QUOTE(yokoloco @ Jul 26 2019, 08:56 AM)
same. checked just now, realized its in.
cukur #rinduzamanNajib  laugh.gif
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hahaha why are we so easily satisfied.
Deathscythe@@
post Jul 26 2019, 04:15 PM

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yeah, mine also. 18th July 2019 RM 1000 incentive. But only updated today =)
HP Computer
post Jul 31 2019, 05:31 PM

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QUOTE(MUM @ Jul 23 2019, 10:06 AM)
That PRS account number is NOT only for AIA PRS...
it is your PPA a/c number (NRIC) ... for life.
you will need that number to buy other PRS funds

just not sure what are the latest PPA online sales charges or how it works....
go try it out and tell us?
(not CLEARLY spelled out % SC on PPA online site or if you can buy NEW PRS funds from there, but TOP UP was clearly highlighted  doh.gif )
previously heard was can buy CIMB new PRS funds @ 0%sc too.....
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I have purchased a new PRS fund online. biggrin.gif

The process is quite straight forward. The only bad thing is we will not receive any email notification except an email for FPX transaction status.

It took 5 working days to receive another email for subscription notification and reflected on my PPA profile.
MUM
post Jul 31 2019, 05:32 PM

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QUOTE(HP Computer @ Jul 31 2019, 05:31 PM)
I have purchased a new PRS fund online.  biggrin.gif

The process is quite straight forward. The only bad thing is we will not receive any email notification except an email for FPX transaction status.

It took 5 working days to receive another email for subscription notification and reflected on my PPA profile.
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what PRS fund did you buy from PPA Online portal?
is this PRS fund a new fund that you did not own before?
how many % is sales charges?

This post has been edited by MUM: Jul 31 2019, 05:33 PM
HP Computer
post Aug 2 2019, 08:36 AM

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QUOTE(MUM @ Jul 31 2019, 06:32 PM)
what PRS fund did you buy from PPA Online portal?
is this PRS fund a new fund that you did not own before?
how many % is sales charges?
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Yup, new fund, cimb apac ex-japan equity C with 0.5% sales charge.

Cimb apac ex japan equity x offers 0% sales charge but its not available on the online portal. confused.gif


MUM
post Aug 2 2019, 08:45 AM

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QUOTE(HP Computer @ Aug 2 2019, 08:36 AM)
Yup, new fund, cimb apac ex-japan equity C with 0.5% sales charge.

Cimb apac ex japan equity x offers 0% sales charge but its not available on the online portalconfused.gif
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some other online portal that offer 0% sc too...why must go to PPA online portal and pay SC?
anyway 0.5% SC is NOT much too.....RM3000 is just RM15, better than some is also willing to pay 3%sc (RM90) for a PRS fund at another FH.
kim0112
post Aug 6 2019, 04:37 PM

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Hi all,

is that possible to buy other than one prs fund in other online platform like Fsm1 as currently i've got one bought with cimb bank?

i am planning to buy another prs fund in FSM1 with zero sales charge for the tax relief only.

Please advise.

SUSCardNoob
post Aug 6 2019, 04:39 PM

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QUOTE(kim0112 @ Aug 6 2019, 04:37 PM)
Hi all,

is that possible to buy other than one prs fund in other online platform like Fsm1 as currently i've got one bought with cimb bank?

i am planning to buy another prs fund in FSM1 with zero sales charge for the tax relief only.

Please advise.
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Yes.
kim0112
post Aug 6 2019, 04:48 PM

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QUOTE(CardNoob @ Aug 6 2019, 04:39 PM)
Yes.
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Thanks~

so dont care how many prs fund u bought and wherever you bought as long as u keep the receipt as the proof then already enuf?
SUSCardNoob
post Aug 6 2019, 05:28 PM

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QUOTE(kim0112 @ Aug 6 2019, 04:48 PM)
Thanks~

so dont care how many prs fund u bought and wherever you bought as long as u keep the receipt as the proof then already enuf?
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I believe the info will be proliferated to PPA website/database.
You should have your PPA account right?
kim0112
post Aug 6 2019, 06:02 PM

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QUOTE(CardNoob @ Aug 6 2019, 05:28 PM)
I believe the info will be proliferated to PPA website/database.
You should have your PPA account right?
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yes.
pipiks P
post Aug 6 2019, 06:04 PM

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Hi,
I'm new to PRS and was wondering what is the best way to invest in this?
Do I do it over at PPA website? or FSM is easier?
Ramjade
post Aug 6 2019, 07:50 PM

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QUOTE(pipiks @ Aug 6 2019, 06:04 PM)
Hi,
I'm new to PRS and was wondering what is the best way to invest in this?
Do I do it over at PPA website? or FSM is easier?
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FSM or eUT
honsiong
post Aug 6 2019, 09:13 PM

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QUOTE(Ramjade @ Aug 6 2019, 07:50 PM)
FSM or eUT
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I did it thru PPA website, why not go through that again?

Didn’t know got other channels lah.

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