Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual
Private retirement planning scheme (PRS) was first introduced in 2012 in support to private sector employees to prepare for their retirement. The PRS is a retirement scheme introduced by the Private Pension Administrator (PPA) in addressing the inadequacy of retiree’s savings in meeting their retire...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Journal of Advanced Research in Dynamical & Control Systems
2018
|
| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/4536/ http://eprints.uthm.edu.my/4536/1/AJ%202018%20%28787%29%20Investment%20intention%20on%20Private%20Retirement%20Scheme%20%28PRS%29%20among%20small%20business%20owners%20and%20self-employed%20individual.pdf |
| _version_ | 1848888313585336320 |
|---|---|
| author | Ramin, Ahmad Kaseri Zabri, Shafie M. Md Diah, Mohd Lizam Ahmad, Abd Razak Mohd Safian, Edie Ezwan |
| author_facet | Ramin, Ahmad Kaseri Zabri, Shafie M. Md Diah, Mohd Lizam Ahmad, Abd Razak Mohd Safian, Edie Ezwan |
| author_sort | Ramin, Ahmad Kaseri |
| building | UTHM Institutional Repository |
| collection | Online Access |
| description | Private retirement planning scheme (PRS) was first introduced in 2012 in support to private sector employees to prepare for their retirement. The PRS is a retirement scheme introduced by the Private Pension Administrator (PPA) in addressing the inadequacy of retiree’s savings in meeting their retirement needs to accommodate the increasing life expectancy and rising living standards and insufficient fund to support life after retirement. This study aims to gauge the level of investment intention among small business owners and selfemployed individual on PRS scheme. Total 341 respondents involved in the study in which data was gathered through questionnaires. The study found that level of investment intention on PRS was relatively mediocre. Respondent knowledge, PRS product literacy and economic condition were found to have an influence on PRS investment intention. |
| first_indexed | 2025-11-15T20:08:18Z |
| format | Article |
| id | uthm-4536 |
| institution | Universiti Tun Hussein Onn Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:08:18Z |
| publishDate | 2018 |
| publisher | Journal of Advanced Research in Dynamical & Control Systems |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uthm-45362021-12-07T06:22:31Z http://eprints.uthm.edu.my/4536/ Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual Ramin, Ahmad Kaseri Zabri, Shafie M. Md Diah, Mohd Lizam Ahmad, Abd Razak Mohd Safian, Edie Ezwan HG179 Personal finance Private retirement planning scheme (PRS) was first introduced in 2012 in support to private sector employees to prepare for their retirement. The PRS is a retirement scheme introduced by the Private Pension Administrator (PPA) in addressing the inadequacy of retiree’s savings in meeting their retirement needs to accommodate the increasing life expectancy and rising living standards and insufficient fund to support life after retirement. This study aims to gauge the level of investment intention among small business owners and selfemployed individual on PRS scheme. Total 341 respondents involved in the study in which data was gathered through questionnaires. The study found that level of investment intention on PRS was relatively mediocre. Respondent knowledge, PRS product literacy and economic condition were found to have an influence on PRS investment intention. Journal of Advanced Research in Dynamical & Control Systems 2018 Article PeerReviewed text en http://eprints.uthm.edu.my/4536/1/AJ%202018%20%28787%29%20Investment%20intention%20on%20Private%20Retirement%20Scheme%20%28PRS%29%20among%20small%20business%20owners%20and%20self-employed%20individual.pdf Ramin, Ahmad Kaseri and Zabri, Shafie M. and Md Diah, Mohd Lizam and Ahmad, Abd Razak and Mohd Safian, Edie Ezwan (2018) Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual. JOURNAL OF ADVANCED RESEARCH IN DYNAMICAL & CONTROL SYSTEMS, 10 (6). pp. 198-203. ISSN 1943-023X |
| spellingShingle | HG179 Personal finance Ramin, Ahmad Kaseri Zabri, Shafie M. Md Diah, Mohd Lizam Ahmad, Abd Razak Mohd Safian, Edie Ezwan Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title | Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title_full | Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title_fullStr | Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title_full_unstemmed | Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title_short | Investment intention on Private Retirement Scheme (PRS) among small business owners and self-employed individual |
| title_sort | investment intention on private retirement scheme (prs) among small business owners and self-employed individual |
| topic | HG179 Personal finance |
| url | http://eprints.uthm.edu.my/4536/ http://eprints.uthm.edu.my/4536/1/AJ%202018%20%28787%29%20Investment%20intention%20on%20Private%20Retirement%20Scheme%20%28PRS%29%20among%20small%20business%20owners%20and%20self-employed%20individual.pdf |