PRI­VATE RE­TIRE­MENT SCHEME EX­PECTED TO CRE­ATE NEW JOBS, FA­CIL­I­TATE SKILLS TRANS­FER

Source: Ber­nama, 31 Oc­to­ber 2012

Insurance - - COMPANY CORNER -

Man­ulife As­set Man­age­ment Ser­vices Bhd ex­pects the launch of Malaysia’s Pri­vate Re­tire­ment Scheme to cre­ate new jobs and ben­e­fit for Malaysians through the skills and tech­nol­ogy trans­fer that is re­quired to kick-start the pri­vate re­tire­ment plan­ning in­dus­try.

The new pri­vate re­tire­ment land­scape is ex­pected to cre­ate 2,200 new jobs and negate an in­cre­men­tal RM2.1 bil­lion gross na­tional in­come in the fi­nan­cial ser­vices sec­tor. As part of its prepa­ra­tions to launch the scheme, the com­pany aims to re­cruit and train new tal­ents as well as in­tro­duce tech­nol­ogy from Man­ulife Fi­nan­cial’s world­wide pen­sion op­er­a­tions at the lo­cal level.

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