The Personal Equity Retirement Account (PERA)
The Personal Equity Retirement Account (PERA) was launched at the Main Office of the Bangko Sentral ng Pilipinas (BSP) on December 16.
“We have been working with various government agencies and we are happy to see PERA come into fruition. PERA is certainly a major step towards improving the financial well-being of Filipinos,” BSP Governor Amando M. Tetangco Jr. said.
“Since we have a very young population and typically strong family ties, we tend to overlook preparing for our own retirement. PERA addresses this by providing all the essential elements – from governance to products to financial literacy to incentives – so that we can properly get started,” Tetangco added.
BSP and the BIR had accredited Banco de Oro (BDO) and Bank of the Philippine Islands(BPI) as PERA institutional administrators, in addition to the 61 professionals who have passed the individual PERA accreditation examination.
“We have been working with various government agencies and we are happy to see PERA come into fruition. PERA is certainly a major step towards improving the financial well-being of Filipinos,” BSP Governor Amando M. Tetangco Jr. said.
“Since we have a very young population and typically strong family ties, we tend to overlook preparing for our own retirement. PERA addresses this by providing all the essential elements – from governance to products to financial literacy to incentives – so that we can properly get started,” Tetangco added.
BSP and the BIR had accredited Banco de Oro (BDO) and Bank of the Philippine Islands(BPI) as PERA institutional administrators, in addition to the 61 professionals who have passed the individual PERA accreditation examination.
The Personal Equity Retirement Account (PERA)
Reviewed by Jhon
on
11:03
Rating:
Reviewed by Jhon
on
11:03
Rating:
No comments: