PPA will incur a PPA account opening fees of RM10, however, the charges has been waived by PPA until further notice.
Nevertheless, there will be an annual fee of MYR 8.00 will be deducted from your investment amount for any subsequent contributions on the next calendar year per fund house.
Example:
A year after registering a PPA account, an investor contributes MYR 1,000 to PRS Provider A and PRS Provider B respectively. Hence, the investors will be paying MYR 8.00 x 2 fund houses = MYR 16.00.