There is no sales charge for PRS funds on FSMOne, which means your full investment amount goes into the selected PRS fund.
Other fees and charges may apply, including those charged by the fund and the Private Pension Administrator (PPA).
| Charge | Amount | Charged by |
| Sales charge | 0% | FSMOne |
| Fund management fee | Varies by fund. Already reflected in the fund price (NAV), not deducted separately | Fund House |
| Account opening fee | RM10, waived until further notice | PPA |
| Annual fee | RM8 per year for each PRS provider when you make subsequent contributions* | PPA |
| Transfer fee | RM25 each, waived until further notice | PPA |
| Pre-retirement withdrawal fee | 8% tax penalty, deducted from withdrawal amount | Lembaga Hasil Dalam Negeri (LHDN) |
Note:
* The RM8 annual fee is not billed separately to you. PPA deducts the fee from your contribution to the respective PRS provider in the following calendar year.
For example, if you invest with Provider A this year and make another contribution to Provider A in the following year, the RM8 annual fee will be deducted from your next contribution to Provider A. Your first contribution to a new provider carries no annual fee that year.