Luckily u corrected me... My mistake included annuity with the medical... ><!

The tax relief of rm3000 for annuity is for assessment year 2012?
Currently any financial products in the market that qualify as annuity?

What about Pru Retirement?

You pay for 25 years then they pay you annually after that for 15 years.

Can it be considered as annuity scheme?

Actually I don't know about this Annuity which seems very new

Prudential may be able to advise better


To give you an example on creating a retirement fund, see the enclosed image
(I made it as simple-to-understand as possible)

Monthly savings = RM100

Dividends you get from investment ( maybe unit trust using average per year, actual fluctuates) = 10%
Savings Years = 25yrs


RESULT if dividends on Retirement Fund is 10%

Monthly Income = RM575 forever
Retirement Fund lasts forever ( FOR YOUR NEXT OF KIN)

If you want double income, double your savings, or look for higher dividend investment





Attached thumbnail(s)

Thanks Bro.

Pru Retirement Reward is an annuity scheme

Any Prudential agents can give me facts what was their past performances in unit trust funds?

Are they good?

Thanks

You should be asking for investment-link funds performance, not unit trust funds
Both are different entities, the first investment with life insurance, the second only investment

Correct . . . but end of day tax relief is part of financial management
Why pay extra to Gov as you could save up more for your own in the future.



YES. So far for PRU this is the only product able for tax relief.
Btw additional information is, if you guys a using it for tax relief purpose
you cant make a withdrawal/policy loan until you reach the age of 55.


we did about 6-7% on average for PruGolden bond fund, while PruGolden equity is about 10-12% on average.
This is base on pass performance result in the fund fact sheet.

This post has been edited by Colaboy: Nov 10 2011, 05:31 PM

This is just for info on investment fund performance for 1 year

Note that image cropped, but can view in full if anyone interested in knowing more
but must be face-to-face appointment only



Attached thumbnail(s)

personal money not accurate

try lipper/morningstar more accurate

I agree. Actually all this quite meaningless. What matters is clients appetite for risk, investment horizon, insurance need and account management

Prudential policy documents look professional.

So maybe can take Pru retirement as retirement backup.

Any suggestions rather than this?

Thanks

Thanks for the positive feedback ^^

i'm looking for a medical card plus savings for my sister's son.

My sister's DOB is 17 March 1978 and non-smoker. My sister's son's DOB is 13 Dec 2001.

Anyone have a good plan with budget of RM100 to RM150 please email me at umapathy;khrisnan@finisar.com and viperipoh@yahoo.com.

Thanks

can send me proposal or suggestion for myself,

27 years (dob : 23-02) , smoker , male , Cyberjaya (Sel) , IT field

budget : below RM 150 per month

prefered:
medical + PA + life + TPD + CI
not yearly renewable
limit or as charged per case
no co insurance


thansk you

You got PM!

Hi, any agents selling Allianz MediCover Plan? Can help to quote a quatation for me? 27 male non smoker, office based, would like to know further on it

Hi, I am looking for my first medical card. 26, female, non-smoker. Anyone can give me a quote?
-Cashless
-No Co-Insurance
-Guarantee renewal

See your inbox

im looking for my first medical card as im just married.i dont know anything about medical insurance but i know its important nowadays.what i want is the medical insurance can cover me and my wife(does it exist?) and can help me for my future baby birth(hospital charge for labor). price range 150-200 monthly. noob here

you go PM!!

Sorry to let you know medical card does not cover for child birth, it goes the same with the rest of insurer company.
Well maybe with RM150/m each for you & your wife could get all the basic coverage needed.