How PRS benefits you
Whether you’re looking to save for retirement or even just starting out on your first job, PRS is an extra layer of savings for your financial health.
As an employer
I. Benefit management
PRS enables you to have your existing or new retirement benefit program to be professionally managed by experienced fund managers therefore giving you ease of administration whilst still maintaining control of the entire retirement program.
II. Cost savings
Using PRS as your own retirement benefit program may cut down on unnecessary administrative resources which helps you to become more cost efficient.
III. Productivity booster
PRS empowers employees to determine their own financial well-being which gives them a sense of security and job satisfaction which ultimately enhances their productivity.
As an employee
PRS allows you to better plan for your retirement as an additional form of savings to complement your existing retirement savings and also offers personal tax relief of up to RM3,000 per year.
As a self-employed individual
PRS complements your existing retirement savings and lets you enjoy personal tax relief.
What is OnePRS by Kenanga?
Save now for your retirement with OnePRS by Kenanga
Kenanga Investors’ voluntary private retirement scheme complements the existing mandatory retirement savings scheme and other retirement savings. It is available in both conventional and Syariah options. By providing a choice of funds with different risk and return policies to meet your needs, OnePRS by Kenanga encourages you to save now for your future.
Add colours to your retirement with OnePRS by Kenanga.
OnePRS Facts
Choice
Choose from the default option or self-select funds option based on your retirement needs. Fund Selection is based on your risk appetite and return expectation.
Convenient
The Scheme provides an easy platform for Members to accumulate their retirement savings as well as make regular post retirement withdrawals. Regular contributions are made easy through direct debit or online banking
Flexible
Switch between PRS Funds to meet your changing retirement needs at no charge.
Control
Have total control over the funds you want to contribute to. Enjoy 24-7 access to consolidated fund performance reporting and daily fund prices.
Professionally-managed
The Scheme is managed by a team of professional fund managers. Our unique investment methodology is built within a robust, disciplined and systematic decision-making and risk management framework.