YES.

KL

Thanks for your reply. Assuming the 500 ringgit incentive from government doesn't count as well? Will pump in more to max the tax relief. Cheers

Thanks Kaka for the reply. Have a good day. Cheers.

I asked my friend about this prs thing~ She is a banker, she told me that this prs is not secure~ not sure what will happen in a long run because it is very new.. I'm wanted to join but..after she said that...im bit sceptical... she said just save my money in asb~,, >...<"

newbie in this prs fund. i chose Public Mutual one and see everyone is talking on the return. Wondering if someone can shed some lights on how to calculate that..

Top up promotion by Affin Hwang from 1/9 to 30/9
https://i-access.hwangim.com/Logon.aspx

thanks....i guess just depositing rm5k just to get the tax discount is worth it

3. Potential higher return than EPF <-- This is fake. I'm still losing $$ in the PRS as I invest with Public Mutual.

Just some trivia:

I have just checked out Affin-Hwang PRS Growth Fund Interim Annual Report dated 1/1/2015 and there are 7 people holding 500,001 units and above.

These 7 pax are holding a total of 6,840,000 units. Based on 26/11/2015 NAV, this translate to RM 3,881,700; or equivalent to an average holding per pax of RM 554.5K.

Who in the FCUK wanna lock half a Million into PRS?

Mind boggling!     

Xuzen

As I said, please dont expect to be spoodfeeded.
Please do the research by urself.

Last minute (as usual) need to spend my 3k into PRS.

I have Pub Mutual and Affin Hwang.    Shall i continue with Affin or find new PRS provider?  If new, how to top up / open account?

Many thanks.

I was looking halfway but cimb seems okay. At least looks better than my hwang.

CIMB accepts credit card payment for PRS

Additional private retirement plans would be investment-linked. I have expertise in that field.

Yes. 

But let's just say the more we diversify, the more we have a proper company , agent to align with. Everything should be fine.