Kenanga introduces retirement plan

Kenanga Investment Corporation Ltd (KICL) - an investment banking and fund management company has introduced the Kenanga Retirement Plan (KRP) for people to invest for their retirement.

The formulation of this scheme was a result of thorough market research, which identified that with the demographical shift the country is gradually experiencing, there will be an increase in the elderly population.

With the increased needs and wants of people, children may find it difficult to support elderly parents.

It is in this context that KICL emphasises on the importance of making investments for the future.