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 Annuity Insurance Product, Tax relief RM 3000

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lee1234
post Nov 30 2012, 01:26 PM

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QUOTE(exshige @ Nov 29 2012, 10:16 AM)
i also did a rough calculation on the GE based on the data on the website... in only translate to about 4.x% interest PA.. though is guaranteed, but is quite low for something that i have to freeze my money for 35yrs assuming i buy at age 35.

btw, i don't see GE is part of the approved PRS provider in the PPA website. sure can claim the 3k tax relief?
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will it be posted in PPA website?
i still confuse with PRS and deferred annuity.
I assume PRS is like unit trust package with is monitor by PPA and approved by PPA.
Deferred annuity is like insurance package which might not related to PPA but can be used for tax relief (might need approve from LHDM) - BuT the annuity package from ING recently is not covered insurance at all which is weird.

Besides that, just wonder how about the old annuity package which is valid for previous 1k tax relief? is that valid be part of the 3k tax relief too??
If not, what is the different between the old annuity package with deferred package? notworthy.gif

This post has been edited by lee1234: Nov 30 2012, 01:31 PM
TSxenon_aniki
post Jan 23 2013, 03:59 PM

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Anybody has a sample of Smart Income Plus (UniAsia) quotation/ sales illustration?
wongmunkeong
post Jan 23 2013, 09:25 PM

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QUOTE(xenon_aniki @ Jan 23 2013, 03:59 PM)
Anybody has a sample of Smart Income Plus (UniAsia) quotation/ sales illustration?
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I have the ACTUAL in hand hehe - signed up for this early last year.
Unfortunately, have to dig out to scan (and no scanner @ home, just office).
Choto-mateh kudasai notworthy.gif Fri can?
TSxenon_aniki
post Jan 25 2013, 09:18 AM

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QUOTE(wongmunkeong @ Jan 23 2013, 09:25 PM)
I have the ACTUAL in hand hehe - signed up for this early last year.
Unfortunately, have to dig out to scan (and no scanner @ home, just office).
Choto-mateh kudasai  notworthy.gif Fri can?
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Would be marvelous to have that bro!!
wongmunkeong
post Jan 25 2013, 09:29 AM

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QUOTE(xenon_aniki @ Jan 25 2013, 09:18 AM)
Would be marvelous to have that bro!!
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aiyak - overslept (so nice the rain.. to zzz), didn't bring the doc to office for scanning. doh.gif
Snapshot via phone later tonight can? Worried too "blur" can't see properly though

This post has been edited by wongmunkeong: Jan 25 2013, 09:30 AM
TSxenon_aniki
post Jan 25 2013, 12:19 PM

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QUOTE(wongmunkeong @ Jan 25 2013, 09:29 AM)
aiyak - overslept (so nice the rain.. to zzz), didn't bring the doc to office for scanning.  doh.gif
Snapshot via phone later tonight can? Worried too "blur" can't see properly though
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Ok thanks. May i know what is the commission charges
wongmunkeong
post Jan 25 2013, 12:31 PM

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QUOTE(xenon_aniki @ Jan 25 2013, 12:19 PM)
Ok thanks. May i know what is the commission charges
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huh? whatcha mean by commission charges?
this is not PRS nor mutual funds wor... blink.gif
TSxenon_aniki
post Jan 25 2013, 03:10 PM

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QUOTE(wongmunkeong @ Jan 25 2013, 12:31 PM)
huh? whatcha mean by commission charges?
this is not PRS nor mutual funds wor...  blink.gif
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What i understand is every insurance product will have commission charges, paid using our premium. It is the portion of our premium, but guided by certain guideline by BNM/Insurance regulator. Furthermore, the agent has to brief the client on the thing as it is stated in guideline for insurance product transparency. hmm.gif

You may ask your agent on this and he/she obligate to answer.
wongmunkeong
post Jan 25 2013, 09:45 PM

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QUOTE(xenon_aniki @ Jan 25 2013, 03:10 PM)
What i understand is every insurance product will have commission charges, paid using our premium. It is the portion of our premium, but guided by certain guideline by BNM/Insurance regulator. Furthermore, the agent has to brief the client on the thing as it is stated in guideline for insurance product transparency.  hmm.gif

You may ask your agent on this and he/she obligate to answer.
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Here ya go - are these the stuff U are looking for?
erm.. U may have some pains understanding it, thus i've attached a ZIPped Excel which i've calculated & confirmed with the agent earlier. Match the schedule to the "payouts" of pages 2 to 4. Page 5 are some T&Cs for reading.
I didn't scan the kakaload of general legalese

This post has been edited by wongmunkeong: Jan 25 2013, 09:53 PM


Attached File(s)
Attached File  UniAsia.pdf ( 1.48mb ) Number of downloads: 136
Attached File  Annuity_UniAsia.zip ( 8.95k ) Number of downloads: 115
TSxenon_aniki
post Jan 30 2013, 08:43 AM

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Dear wongmunkeong,

Thank you for your very effort to upload the items. Really appreciate it!

Regards,

Dennisdlky90
post Apr 15 2013, 10:55 PM

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QUOTE(echoesian @ Jan 6 2012, 04:24 PM)
Aside from this PRUretirement reward from Prudential, is there any other insurance products from other insurers that gives the annuity tax relief ?
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Yes, currently @ Great Eastern Life, called Great Retirement Plan
vanguish
post Apr 16 2013, 11:49 AM

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i just got one from Great Eastern ..
xuzen
post Sep 3 2013, 08:00 PM

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QUOTE(Felicia Christy @ Mar 6 2013, 12:53 AM)
Felicia Christy
016-2089869
Financial Advisor
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Hi Felicia,

I have just downloaded the latest list of registered Financial Advisor List from BNM dated Feb-2013. Your name not in the list wor, so how leh?

You written your name wrongly izzit or are you under a noms-de-guerre?

Xuzen

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