CIMB-Principal Asset Management Bhd wants more Malaysians to participate in a private retirement scheme (PRS) to ensure a better life for them when they retire.
It is a much needed scheme as it is found that after retiring, the necessities grow larger and PRS is also a way for people to secure a better future.
“With the current global economy and the high living costs, this scheme would ensure that people would not be badly affected by the economic conditions,” CIMB group asset management and investments chief executive officer (CEO) Effendy Shahul Hamid said in his speech at the CIMB-Principal PRS Conference 2015 yesterday.
Meanwhile, CIMB-Principal CEO Munirah Khairuddin told reporters the implementation of the goods and services tax (GST) was a good opportunity for people to invest in PRS.
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It is a much needed scheme as it is found that after retiring, the necessities grow larger and PRS is also a way for people to secure a better future.
“With the current global economy and the high living costs, this scheme would ensure that people would not be badly affected by the economic conditions,” CIMB group asset management and investments chief executive officer (CEO) Effendy Shahul Hamid said in his speech at the CIMB-Principal PRS Conference 2015 yesterday.
Meanwhile, CIMB-Principal CEO Munirah Khairuddin told reporters the implementation of the goods and services tax (GST) was a good opportunity for people to invest in PRS.
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