Kuala Lumpur, 18 June 2013

SC to host a Private Retirement Scheme Exhibition

The Securities Commission Malaysia (SC) is organising a private retirement scheme (PRS) exhibition which would be held at the SC Building in Bukit Kiara on Saturday, 29 June 2013, between 9:30 a.m. to 2.00 pm. This event would provide a unique opportunity for individuals to engage with all the PRS Providers and to gain further insight on the range of schemes offered by them. In addition to the exhibition, the programme features informative talks by these providers throughout the duration of this event.

PRS are voluntary long term investment schemes designed to help individuals accumulate savings for retirement. The PRS may be subscribed by individuals who have disposable income to invest for their retirement as well as for employers to make voluntary contributions on behalf of their employees above the EPF statutory rate. Tax relief of up to RM3,000 will be available to individuals who choose to invest in PRS. Employers will also be entitled to a tax deduction on contributions to PRS made on behalf of their employees.

Members of the public are invited to attend the exhibition. Admission is free. Further information can be found here.