Malaysian markets to gain from pension planning
State agencies and the
private sector are combining to promote private pension schemes, both as a
measure to strengthen provisions for Malaysians in retirement and to boost
liquidity in the nation’s capital markets. However, longer-term success will
depend on convincing the younger segments of society of the need to prepare
for life after work.
Malaysia is trying to
move away from state-funded pension schemes and a traditional reliance by the
elderly on family support in its planning for a society with higher incomes
but also an ageing population. At the core of this is the ... Read
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