Funding

PPA Launches #ISaveInPRS Kickstart to Encourage Young Malaysians into Financial Adulting

KUALA LUMPUR, 6 February 2026 – Private Pension Administrator Malaysia (PPA) has launched the #ISaveInPRS Kickstart campaign to position the Private Retirement Scheme (PRS) as a low‑risk entry point into financial responsibility for young Malaysians. The initiative reframes “adulting” as a structured, achievable step, supported by incentives to ease hesitation among those under 30.

PPA Chief Executive Officer Taufiq Iskandar said: “‘Adulting’ is often associated with pressure, big decisions, long‑term commitments, and the fear of getting it wrong. This campaign shows young Malaysians that their first grown‑up money move doesn’t have to be overwhelming.”

ISaveInPRS Kickstart

As of end‑2025, PRS recorded 671,736 members and RM8.8 billion in assets under management, with RM1 billion contributed in 2025 alone. The top‑performing fund delivered a compound annualised return of 18.2% over three years, while the average return of the top five funds stood at 14.4%, underscoring long‑term growth potential.

To encourage early saving habits, PPA is offering a one‑time RM100 matching incentive from February to May 2026 for the first 1,500 new PRS members aged 30 and below. Building on the success of the 2025 #ISaveInPRS Treats campaign, the initiative aims to make saving a rewarding rite of passage for young adults.

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Paris Baguette Embarks on Its Next Chapter

Paris Baguette Malaysia is now fully integrated under Singapore HQ, enhancing operations and regional strategy…

9 hours ago

4 Ways to Build Infrastructure Resilience for an AI-Driven Future

Malaysian enterprises must modernize infrastructure strategically to harness AI, enhancing resilience and reducing costs effectively.

11 hours ago

Vertiv Opens Johor Facility to Strengthen AI Infrastructure Supply Across Asia

Vertiv opened its Johor manufacturing facility to expand AI infrastructure production, strengthen regional supply chains,…

1 day ago

Malaysia Manufacturing Returns to Growth as June PMI Rebounds Above 50

Malaysia's manufacturing sector returned to expansion in June as stronger orders and production lifted PMI…

1 day ago

Southern Cable Secures RM403.6m TNB Extension, Strengthening FY27 Earnings Visibility

Southern Cable secured a RM403.6 million TNB contract extension, lifting its order book above RM1…

1 day ago

FBM KLCI Extends Decline as Investors Await Key US Jobs Data

Malaysia's benchmark index fell for a third session as cautious sentiment ahead of US payrolls…

1 day ago

This website uses cookies.