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Show Notes
- Reason for ETP's creation of PPA and PRS
- PRS complements EPF to fund retirement
- Comparison of PRS to retirement schemes in other countries
- One-third savings is the rule-of-thumb for adequate retirement planning
- EPF already providing two-thirds savings, so another one-third savings required
- Diversification issues of PRS schemes
- Product offerings of PRS will be driven by providers
- Default funds of PRS - Growth, Balanced & Conservative Funds
- Reasons for high fees in PRS funds
- Comparison of PRS fees to Index funds
- PPA is focused on the educational process of PRS right now
- Funding for PPA
- PRS tax advantage
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