News Formal

SEC to list eligible PERA investment products

  • 📰 gmanews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

PERA, as a voluntary retirement account, provides a framework to help Filipinos 18 years old and above prepare for their eventual retirement. The PERA law, meanwhile, provides tax benefits while instilling the discipline of saving money by making annual contributions to their own account.

The Securities and Exchange Commission said Tuesday it will soon release the list of equities, bonds, funds and other securities in which Personal Equity and Retirement Account funds may be invested.

The PERA law, meanwhile, provides tax benefits while instilling the discipline of saving money by making annual contributions to their own account. The SEC said that under its proposed rules, securities that are registered pursuant to the requirements of Republic Act No. 8799 or the Securities Regulation Code and Republic Act No. 2629 or the Investment Company Act “are deemed to be eligible PERA investment products.

“Meanwhile, corporate bonds issued by banks may be deemed ineligible if they are declared to be in default by a competent authority or person in accordance with applicable laws, rules, and contracts, and if their credit rating is downgraded to a non-investable grade,” it added.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 11. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

How does the Philippines fare in climate change resilience in business? - BusinessWorld OnlineThe Philippines ranked 85th out of 180 countries* in citizenship consultant Henley & Partners’ Investment Migration Climate Resilience Index that assesses the countries’ climate change resilience. READ:
출처: bworldph - 🏆 9. / 68 더 많은 것을 읽으십시오 »