“Corporate PRS Adviser” or “CPRA” means a licensed financial planner,Insurance and Takaful Brokers registered with FIMM and authorised to market and distribute private retirement schemes of another party.

Registration of Corporate PRS Adviser

Eligibility for registration of Corporate PRS Adviser

Pursuant to FIMM’s Consolidated Rules, the eligibility requirements for registration as a CPRA:-
(1) A corporation which:-
a) Holds a CMSL to carry out the regulated activities of financial planning and dealing in PRS; and
b) Possess a professional indemnity insurance contract that indemnifies the corporation,its officers and its PRS Consultants against claims,with a minimum coverage of Ringgit Malaysia Two Hundred Thousand (RM 200,000) at acll times;
(2) insurance and Takaful Brokers which holds a CMSL to carry out the regulated activity of dealing in PRS.

Submission for Registration as Corporate PRS Adviser

For submission of documentation for the application of registration as CPRA, please click here.

CPRA Fee Structure

For CPRA that is related to financial institutions:

  • Application Fee: RM10,000
  • Annual Fee: RM20,000

For CPRA that is not related to financial institutions:

  • Application Fee: RM2,000
  • Annual Fee: RM500

List of Corporate PRS Advisers

Corporate Private Retirement Scheme Advisers
1.

A.D. Financial Sdn Bhd

2.

Alpine Advisory Sdn Bhd

3. Bill Morrisons Wealth Management Sdn Bhd
4. Blueprint Planning Sdn Bhd
5. CC Advisory Sdn Bhd
6. Excellentte Consultancy Sdn Bhd
7. FA Advisory Sdn Bhd
8. Fin Freedom Sdn Bhd
9. Finwealth Management Sdn Bhd
10. Genexus Advisory Sdn Bhd
11. Harveston Wealth Management Sdn Bhd
12. Legacy Advisory Sdn Bhd
13. Magnisave Group Sdn Bhd
14. UOB Kay Hian Wealth Advisors Sdn Bhd’s
15. VKA Wealth Planners Sdn Bhd
16. Wealth Vantage Advisory Sdn Bhd
17. Whitman Independent Advisors Sdn Bhd
18. YES Financial Sdn Bhd