The Principal PRS end-to-end retirement solution is a comprehensive retirement planning solution that caters for both the accumulation phase during your working years, and the decumulation phase after you retire. It aims to provide you with a simple, straight forward, and hassle-free retirement planning journey from the start of your work until you reach retirement. It comprises of the Principal PRS accumulation solution and Principal PRS decumulation solution.
 

• Simple
  You can easily select a suitable TDF based on your year of birth. By this, the selected TDF will have a target date that closely corresponds to your expected year of retirement*, and you will be investing in a TDF that offers appropriate risk and return based on your age.
  TDF is designed to be held throughout the investment tenure until you retire. Just pick a TDF that suits your retirement goal and remain invested in the same TDF until retirement.
   
• Straightforward
  You can stay invested in the same TDF until you retire. The TDF’s portfolio automatically rebalances over the years from an aggressive investment mix that focuses mainly on growth (e.g., higher allocation in equities) to a more conservative mix that focuses more on wealth preservation (e.g., higher allocation in debt securities/Sukuk). With that, the TDF will always offer an appropriate risk and return according to your age.
   
• Seamless
  • As part of the PRS end-to-end retirement solution, after the TDF matures on its target date, all members of the TDF will be switched automatically into the Income Fund to begin decumulation journey. This will be a seamless transition from accumulation phase to decumulation phase.
  • Additional benefits
  • Managed by Principal, a global investment and retirement leader with more than 142 years of financial expertise.
  • The TDF and Income Fund offers a diversified portfolio with global exposure. 
  • Incomes generated by all PRS funds are exempted from tax, including the Foreign Source Income (FSI) tax.    You can enjoy personal tax relief of up to RM3,000 for contribution into PRS (effective from year of assessment 2012 to 2025). 
  • You can make nomination for the purpose of easy disbursement of your PRS balance in the event of your demise.
     

The Principal PRS end-to-end retirement solution comprises of the following PRS funds:

 

The Principal PRS accumulation solution aims to help you accumulate and invest your wealth in suitable PRS fund to prepare for retirement.
Under the PRS end-to-end retirement solution, the accumulation solution comprises of the Target Date Fund (“TDF"). 
 

The Principal PRS Decumulation Solution It enables you to customize your withdrawal and continue to grow your PRS for your post-retirement need.
The Principal PRS Decumulation Solution comprises of 2 components:

• Regular Withdrawal Plan (RWP) 
  Let you customize and schedule withdrawals based on your goals and cash flow needs.
   
• Funds 
  The Principal RetireEasy Income (REI) and Principal Islamic RetireEasy Income (iREI). 
  Helps you to continue grow your PRS balances, so that it can prolong the sustainability of your account balance after retirement.