Private Retirement Fund, What the hell is that??
Private Retirement Fund, What the hell is that??
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Apr 1 2020, 01:05 PM
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#3661
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All Stars
12,387 posts Joined: Feb 2020 |
Wondering if FSM can help to process the withdrawal or do I need to go deal with the PRS provider myself?
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Apr 1 2020, 05:06 PM
Show posts by this member only | IPv6 | Post
#3662
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All Stars
17,498 posts Joined: Feb 2006 From: KL |
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Apr 1 2020, 05:16 PM
Show posts by this member only | IPv6 | Post
#3663
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Junior Member
764 posts Joined: May 2018 |
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Apr 1 2020, 05:17 PM
Show posts by this member only | IPv6 | Post
#3664
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All Stars
12,387 posts Joined: Feb 2020 |
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Apr 1 2020, 05:23 PM
Show posts by this member only | IPv6 | Post
#3665
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Junior Member
764 posts Joined: May 2018 |
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Apr 1 2020, 06:37 PM
Show posts by this member only | IPv6 | Post
#3666
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Senior Member
4,350 posts Joined: Oct 2010 From: KL |
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Apr 1 2020, 07:14 PM
Show posts by this member only | IPv6 | Post
#3667
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Junior Member
764 posts Joined: May 2018 |
QUOTE(cempedaklife @ Apr 1 2020, 06:37 PM) You need to submit form everytime you want to buy from a new fund house. Fsm will format the respective form to respetive fund house for you. Ok, similar process with eUT which I am using. Hopefully these two platforms could automate more of the manual processes. |
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Apr 1 2020, 08:15 PM
Show posts by this member only | IPv6 | Post
#3668
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All Stars
12,387 posts Joined: Feb 2020 |
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Apr 1 2020, 08:52 PM
Show posts by this member only | IPv6 | Post
#3669
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Senior Member
4,350 posts Joined: Oct 2010 From: KL |
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Apr 1 2020, 08:55 PM
Show posts by this member only | IPv6 | Post
#3670
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All Stars
12,387 posts Joined: Feb 2020 |
QUOTE(cempedaklife @ Apr 1 2020, 08:52 PM) If you're planning to buy PRS funds from either Affin Hwang, Kenanga, or Principal PRS, with FSM, no forms are required.![]() https://www.fundsupermart.com.my/fsmone/art...cipal-PRS-Funds This post has been edited by GrumpyNooby: Apr 1 2020, 08:56 PM |
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Apr 1 2020, 09:12 PM
Show posts by this member only | IPv6 | Post
#3671
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Junior Member
764 posts Joined: May 2018 |
QUOTE(GrumpyNooby @ Apr 1 2020, 08:55 PM) If you're planning to buy PRS funds from either Affin Hwang, Kenanga, or Principal PRS, with FSM, no forms are required. Tq, already buying one of the funds under eUT.![]() https://www.fundsupermart.com.my/fsmone/art...cipal-PRS-Funds |
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Apr 2 2020, 09:10 PM
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Junior Member
631 posts Joined: Mar 2008 |
for now my prs with Kenanga has grown from positive 10% to negative 20%.
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Apr 2 2020, 10:26 PM
Show posts by this member only | IPv6 | Post
#3673
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All Stars
17,498 posts Joined: Feb 2006 From: KL |
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Apr 2 2020, 11:35 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL |
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Apr 3 2020, 08:08 AM
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All Stars
10,859 posts Joined: Jan 2003 From: Sarawak |
QUOTE(GrumpyNooby @ Apr 1 2020, 12:07 PM) Details and FAQ is out: why no give step to withdraw one..https://www.ppa.my/wp-content/uploads/2020/...Tax-Penalty.pdf Good thing is: What is the maximum withdrawal amount I can make for this temporary relief? Members may request for withdrawal from one or more funds managed by each PRS Provider to a maximum amount of RM1,500 per Provider. |
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Apr 3 2020, 08:14 AM
Show posts by this member only | IPv6 | Post
#3676
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All Stars
12,387 posts Joined: Feb 2020 |
QUOTE(ben3003 @ Apr 3 2020, 08:08 AM) PPA asked you to deal with your PRS provider. PPA is not going to deal with you directly. 3. What is the maximum withdrawal amount I can make for this temporary relief? Members may request for withdrawal from one or more funds managed by each PRS Provider to a maximum amount of RM1,500 per Provider. For more information or assistance on the withdrawal application process, members may contact their respective PRS Providers via the following channels: |
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Apr 3 2020, 07:05 PM
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Junior Member
631 posts Joined: Mar 2008 |
QUOTE(!@#$%^ @ Apr 2 2020, 10:26 PM) Covid 19 has not come to the peak yet. Business not moving, employee being laid off, high unemployment rate, market prospect going backward, bank profit down, airasia is not taking off, US the top most covid 19. So i think the economy is gliding down and not reaching bottom yet for now. not wise to commit prs. |
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Apr 3 2020, 07:06 PM
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Junior Member
631 posts Joined: Mar 2008 |
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Apr 3 2020, 07:33 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL |
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Apr 5 2020, 10:01 PM
Show posts by this member only | IPv6 | Post
#3680
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Junior Member
127 posts Joined: Oct 2011 |
Hi all, I read in one of the pages that eUT has 'CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity (Class A)' at 0% SC for online buy; anyone familiar with this? I am halfway through this thread, will finish it in a few days time, but so far haven't read much about eUT. Reason why I would like to purchase the class A instead of the class C offered in FSM is cuz I previously purchased some via an agent already, so just thinking of putting it back in the same one. Is eUT as friendly as FSM? Saw that FSM I could skip the sending of document if I'm buying Principal via phone online. Plus the NAV for that fund is low now, so wanna quickly get some to DCA it.
https://www.eunittrust.com.my/Home/Banner1 This post has been edited by sarah0601: Apr 5 2020, 10:58 PM |
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