PRS Plus For You

Keep your retirement savings in shape with CIMB-Principal PRS Plus and CIMB Islamic PRS Plus (PRS Plus)

Have you saved enough for retirement? Have you saved enough for retirement?
CIMB-Principal PRS Plus and CIMB Islamic PRS Plus aim to help individuals accumulate savings for retirement, ON TOP of their mandatory retirement savings. CIMB-Principal PRS Plus and CIMB Islamic PRS Plus are totally voluntary and can be started at anytime.
Extend your retirement savings with CIMB-Principal PRS Plus and CIMB Islamic PRS Plus Extend your retirement savings with CIMB-Principal PRS Plus and CIMB Islamic PRS Plus.
The more savings you set aside, the more comfortable your retirement will be. You may opt to contribute to CIMB-Principal PRS Plus and CIMB Islamic PRS Plus on your own (should your employer not offer such benefits at your workplace).
Everyone has different retirement needs Everyone has different retirement needs.
CIMB-Principal PRS Plus and CIMB Islamic PRS Plus have a range of retirement savings choices (both conventional and Islamic schemes) that individuals may choose to invest based on their own retirement needs, goals, time horizon and risk appetite.

Why PRS Plus

1. CHOICE
  • Choose either our conventional or Islamic private retirement schemes.
  • Personalize and select the mixture of funds that best suits your risk and return preference.
  • Automate your savings and investment easily and conveniently via regular monthly contributions or make lump sum contributions.

Both the CIMB-Principal PRS Plus and the CIMB Islamic PRS Plus have a choice of funds. Investors have the freedom to choose from the funds in both schemes:

Private Retirement Scheme CIMB-Principal PRS Plus CIMB Islamic PRS Plus
  Do-It-For-Me 50 years & above Max 20% Equities CIMB-Principal PRS Plus Conservative CIMB Islamic PRS Plus Conservative
40 - 49 years Max 60% Equities CIMB-Principal PRS Plus Moderate CIMB Islamic PRS Plus Moderate
Below 40 years Max 70% Equities CIMB-Principal PRS Plus Growth CIMB Islamic PRS Plus Growth
Do-It-Myself CIMB-Principal PRS Plus Equity CIMB Islamic PRS Plus Equity
CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity
 


2. INVESTMENT PERFORMANCE
  • CIMB-Principal is an award-winning regional asset manager with international investment capabilities adhering to global best practices in compliance and risk management.
  • View Our Awards here 

3. EXPERTISE
  • CIMB-Principal has received many awards for its achievements. View them here
  • Investors will receive latest information updates and education to help make better decisions and optimise investors retirement savings with PRS Plus.
  • Administration and operations adhere to global best practices.
  • Draw on the global experience, technical expertise and educational resources of its shareholder, the Principal Financial Group® ("The Principal®") for the benefit of PRS Plus members.
The Principal® is a leading global financial company offering businesses, individuals and institutional clients a wide range of financial products and services. In the USA, it serves more than 32,000 retirement plans and 3.4 million plan participants. Its subsidiary Principal Global Investors manages assets for 10 of the 25 largest world pension plans.

Understand your CIMB-Principal PRS Plus and CIMB Islamic PRS Plus benefits before signing up

  • If retirement readiness is your top concern, CIMB-Principal PRS Plus and CIMB Islamic PRS Plus will help you get started. With our expertise, taking the first steps towards retirement saving can be made easy.
  • Trim your income tax bill while boosting your retirement savings! Contributions to your CIMB-Principal PRS Plus and CIMB Islamic PRS Plus can help you save on taxes payable. Read more here.
  • If you are worried about whether your retirement savings is enough, CIMB-Principal PRS Plus and CIMB Islamic PRS Plus provide you with an additional choice to add to your total retirement savings.
  • Your regular contributions will be invested according to your choices in order to optimise your potential returns over the long term.
  • CIMB-Principal PRS Plus and CIMB Islamic PRS Plus allow your retirement ringgit to be invested in a range of funds that suits your needs. You can even switch the contributions amongst the various funds available in the scheme that is offered by your chosen PRS provider.
  • Individuals want to select from different choices. You have the flexibility to choose the timing, amount and frequency of retirement contribution into CIMB-Principal PRS Plus and/or CIMB Islamic PRS Plus.
  • Simplicity strips out unnecessary processes. Your retirement savings contributions can be made automatic, easily and conveniently with a simple enrolment to help you retire comfortably.
  • You can track if your retirement savings is working hard enough by checking your PRS Plus Online. It is just at your fingertips.
  • One of the most common reasons for not having enough at retirement is the early withdrawal for non-retirement purposes. CIMB-Principal PRS Plus and CIMB Islamic PRS Plus cultivate self-discipline, as the schemes encourage persistence of savings.
  • Long-term investment performance will be a key factor in how much you will have at retirement. CIMB-Principal, an award-winning regional asset manager with international investment capabilities adhering to global best practices, can help you to potentially grow your savings until you retire.

Get Started with the PRS Plus

Is your organisation part of the PRS Plus Partner Programme?

  • YES - You may wish to contribute monthly via the PRS Plus Partner Programme from your pay automatically and conveniently to your PRS Plus account.

  • NO - Contact us here.

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