Datuk Zaiton Mohd Hassan gives her opening remarks during the launch of the Public Transport Fund in Kuala Lumpur May 2, 2019. — Picture by Ahmad ZamzahuriKUALA LUMPUR, May 3 — The private retirement schemes have exceeded RM5 billion in total net asset value to-date, with half a million Malaysians saving for their retirement, representing an increase of 43 per cent from RM3.5 billion as at Dec 31, 2019.
“This vote of confidence is not something PPA takes lightly, which is why we work hard every year in collaboration with PRS Providers to develop more value-added services such as PRS Online and the Nomination feature,” she noted. “This includes greater use of technology to widen accessibility of this voluntary scheme and increase its appeal to a younger generation of prospective members,” he said.
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