affin hwang need to go through FSM by snailmail. just sent my redemption form today.

Yes, Public Mutual is very easy. I didn't have my online account initially, 1st register the online account, also very easy. Once done, just perform my withdrawal in a matter of a few clicks.

can do it at eut got 0%

I
sound very simple wey... I'm with amprs..need fill up form ...end up I lazy to do so and the fund still remain inside

For those buying with FSM also need to fill up form

Hi, is t a good idea to buy PRS using EPF money?

PRS outperform EPF?
I highly doubt that.
But if you're aiming tax relief, then why not?

Can I withdraw from my EPF to contribute to the PRS?

The PRS is a supplementary form of retirement savings in addition to the EPF and is voluntary in nature. Members are not permitted by law to withdraw from EPF to contribute to the PRS.
https://www.ppa.my/prs-and-you/prs-faq/

Yes looking at current economy situation

Not PRS la. But approved UT for EPF. In general, PRS dont perform as well as other UT. In general across the board ya?

It was a good time to invest a month or two ago. Some fund dropped 20% from their value a few months ago but some have since recovered. I've already earned about 10% as of now. A bit regret as i dropped just a very small amount to test and unsure how the market go and how fast it can recover.

Usually i wont do this as you cant beat 5-6% percent annually with virtually no risk. Couple with 1-2% annual management fee, it is hard (but not impossible) to find a fund that can return 10% annually. Add in the risk factor.

Having said that. I expect epf divvy to be lesser than normal this year, hence i try this out for the first time

Thank you for your insight. means no more the good chance?

Thank you.

thank you. i think is what cempedaklife said, approved UT

I wouldnt say so. It just that a month ago would be a better time. But we'll never be able to time the best time anyway.

By the way this is kinda off topic if its UT you refer to. Maybe go to UT thread?

This post has been edited by cempedaklife: May 20 2020, 01:32 PM

Under iLestari, you can take EPF money from Account II and do whatever you want including investing into PRS.
If you're referring EPF-MIS (iAkaun), it's not allowed for PRS.

Thank you. sorry for offtopic.

this one is withdrawal and take cash right? thank you, will check it out.

Direct into your bank account; up to RM 500 per month for 12 months.

Sharing infor, got the money credited into my bank account today, exactly 7 days after withdrawal process, via Public Mutual online transaction

my account b withdrawal for AH moderate fund request received yesterday pm, and processed today. let's see how many days for the fund to reach my account