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KENANGA INVESTMENT BANK BERHAD
Our range of products and services include corporate finance, corporate and investment banking, equity broking, equity and debt capital markets, equity derivatives, and structured products, private equity, treasury and the provision of investment research and advisory services.
A Private Retirement Scheme ("PRS"), is a voluntary retirement scheme that complements a retirement savings.
Did you know that:
a. A Malaysian's average life expectancy is 74 years old. Malaysians generally retire between the ages of 55 to 60 years old.
(Source: World Bank, 2010 and News Straits Times, 2012.)
b. 2/3 of Malaysians have savings of less than RM50,000 upon retiring and 50% of Malaysians will fully utilize their savings within five years.
(Source: EPF Survey 2003 and EPF Annual Report 2011.)
This means that the average Malaysian would need to have sufficient funding to sustain for another 15-20 years after retiring.
It is important for Malaysians to start voluntary retirement schemes as soon as possible. At Kenanga, we offer PRS products with any of our partnered providers listed below:
Flexibility in determining the savings frequency and the amount for each contribution made.
Sign up for a PRS with as low as RM500 (initial) or RM100 on a monthly basis to develop a regular savings practice.
With a minimal investment amount, investors can now diversify a retirement nest across various asset classes; such as equity, fixed income, commodities and REITS.
Professional Fund Manager's Expertise
Tap into a professional fund manager's expertise to better manage a retirement savings.