In an increasingly uncertain financial landscape, the need for effective retirement planning is more urgent than ever. Principal Asset Management (‘Principal’), a leader in asset management, has responded with a solution that’s not only accessible but also intelligent and future-ready.
With its Private Retirement Scheme (‘PRS’), Principal is offering Malaysians a simple, straightforward and seamless way to invest in their future, with the added benefit of tax incentives and a unique approach tailored to individual needs.
Through its innovative partnership with Touch ‘n Go eWallet (‘TNG eWallet’), Principal is also bringing PRS directly into the hands of Malaysians—literally.
Starting today, users can invest effortlessly through their mobile phones. This digital innovation to retirement saving, enables Malaysians to conveniently contribute to their PRS funds through TNG eWallet app.
Such integration allows investors to manage their retirement savings with ease—anytime, anywhere. With an investment minimum of just RM100, this digital solution is ideal for individuals looking to start small but grow their retirement savings over time.
Through TNG eWallet app, investors can track their investments and make contributions,—all from the palm of their hand.
The Target Date Funds – The easy, simple and optimized solution for retirement planning.
Principal is proud to introduce its “RetireEasy” series comprising of a range of Target Date Funds. The Target Date Funds (‘TDF’) is a hassle-free solution with an asset allocation glide path which takes into account the investor’s age and expected year of retirement. The investments are allocated into more aggressive, growth focused strategies during the investors’ younger years when they can afford to take more risks. As the investors ages, the investments are gradually rebalanced to more moderate strategies as they age and approach their retirement.
Illustration – Glidepath & Asset allocation
The TDF is ideal for individuals who are looking to build their retirement savings over the long term while benefiting from tax relief. It also complements the EPF savings by helping to bridge the income replacement gap, providing greater security for a financially stable future.
Contributions to PRS are eligible for tax relief of up to RM3,000 annually, which means investors can reduce taxable income while saving for the future and can enjoying the annual tax relief with PRS until 2030!
Source: Belanjawan 2025
What sets Principal apart is that it’s the only PRS provider in Malaysia offering the Target Date Funds, a lifecycle-based fund with tailored approach to meeting investor’s retirement age and goals.
Enjoy up to 8% p.a. in extra rewards alongside your retirement investments – Laburia Promotion
To make retirement planning and investing even more rewarding, Principal is introducing the Laburia Promotion, which offers additional incentives to investors who take action now.
Through this promotion, investors can enjoy up to 8% p.a. reward for 30 days when they invest a minimum of RM100 by Dec 31, 2024 through GOfinance-Principal via TNG eWallet app. T&C apply.
With Laburia, the more investors invest, the more they gain—and potentially helping them reach their retirement goals faster.
A major hurdle for many people when it comes to retirement planning is the complexity of choosing the right funds.
Principal’s ‘Do-It-For-Me’ model takes that concern off the table by providing an easy, hands-off investment experience. Investor just need to complete their eKYC, and choose between Conventional or Shariah-compliant option, then Principal will assign the suitable TDF based on investor’s year of birth.
| Fund name* | Year of birth | Expected year of retirement* |
|---|---|---|
| Principal Islamic RetireEasy 2060 | 1996 – 2005 | 2051 – 2060 |
| Principal Islamic RetireEasy 2050 | 1986 – 1995 | 2041 – 2050 |
| Principal Islamic RetireEasy 2040 | 1976 – 1985 | 2031 – 2040 |
| Principal Islamic RetireEasy 2030 | 1968 – 1975 | 2023 – 2030 |
Start investing today to secure a better future
With the ‘RetireEasy’ series, the TDF approach, and the opportunity to invest digitally through Touch ‘n Go eWallet, Principal has created an easy, flexible, and optimized solution for retirement planning.
The Laburia Promotion further enhances the offering, giving investors additional rewards and incentives to kickstart their retirement journey today.
Start investing today with Principal, take advantage of the tax savings, and get extra rewards with Laburia—and set up for a more secure and comfortable future.
For more information about Principal PRS (Retire feature) via TNG eWallet, visit: https://www.principal.com.my/en/prs-solution-via-ewallet
Disclaimer:
You are advised to read and understand the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) before Investing. Among others, you should consider the fees and charges involved. The registration of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) with the Securities Commission Malaysia (SC) does not amount to nor indicate that the SC recommends or endorses the funds. A copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document including any supplemental thereof and the Product Highlight Sheet (if any) may be obtained at our offices, distributors or our website at www.principal.com.my. The issuance of any units to which the relevant Prospectus, Information Memorandum and/or Disclosure Document relates will only be made on receipt of an application referred to in and accompanying a copy of the relevant Prospectus, Information Memorandum and/or Disclosure Document. Please be advised that investment in the relevant unit trust funds, wholesale funds and/ or private retirement scheme carry risk. An outline of the various risk involved are described in the relevant Prospectus, Information Memorandum and/or Disclosure Document. As an investor you should make your own risk assessment and seek professional advice, where necessary. Securities Commission Malaysia does not review advertisements produced by Principal.
