Pub-Mut PRS is a seperate entity, it does not count towards the Gold Status. So, no free insurance & free will writing for you.

Xuzen

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Added on December 10, 2012, 4:21 pm

Why so kia-si (scare to die?)

It is only after all RM 3K p.a. and that is 3% exposure in total of your annual income (assuming the income is RM 100K p.a.).

Furthermore, even the aggresive fund is invested in 70% equities and 30% fixed income. 70% equities = RM 2,100.00 into equities = Value at risk of 2.1% in total only. Therefore no need to be so kia-si.

Try seeing the bigger picture and do not be so myopic.

Xuzen

If I'm not wrong, you can withdraw all the money with 8% penalty.

If you are already into unit trust why so worried about PRS. Same as unit trust except Account 1 & Account 2 policy only. In fact currently for Hwang & Public Mutual , their PRS are feeder funds to their existing Unit Trusts Funds. Don't know about CIMB or Manulife. Further more you can switch PRS funds if the one you select today is none performing.

Yeah, if only for the tax relief, we must make sure we dont lose our capital or part of it. must buy the PRS that guarantees the capital. HWang DBS that one is Unit trust right? End return can be more but also can be less than your capital.?

I found one the Great Eastern PRS, not that great but at least can get back your capital, only on condition you don't die early, that's funny.

Pay RM3000  per year for 10 years, after that can get back all. But if die before paying up all the 10 years, you get back less than what  you have paid .

fundsupermarket looks complicated with all the forms needed to be filled. Prefer sales person do all while minum the free kopi.

how long will the application take?

for ic, can we cross it" for prs application only"  before sending to them?

So what's your plan?

Ethan? Which Ethan?

You meant entitled?