playing a key role of driving provident funds as a savings tool for post-retirement.Provident funds therefore must have a good management structure that covers formation of returns, determination of boards

, capped at 5 percent of the NAV, for the benefit of asset allocation through experts. These Funds must meet the following criteria:     (1) Being established after the amendments take effect to prevent

to the Retirement Management Fund (RMF) or other funds with objectives of long-term savings for resignment or retirement. (3) In case both employee and employer cannot pay savings and contribution to

. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in Super Savings Fund (SSF) which invests not less than 65

funds), excluding equity funds. The amendments aim to ensure proper unit allocation and prevent any undue benefit by any particular individual. For example, the revisions require any person or group of

investment in mutual funds with asset allocation in fixed income which has contributed to reducing inequality in the tax rates. Moreover, asset management companies have concerned that these rules impose

by tax-benefit products such as Retirement Mutual Fund (RMF), Super Savings Fund (SSF) and Thai ESG Fund. It also includes essential details like Assets Under Management (AUM), the number of funds, and

, specifying the employer’s duty to report information related to funds and members, specifying acceptance of electronic transactions, revising the rate of surcharge in case the employer remits the savings or

Bangkok, August 18, 2014 ? Vorapol Socatiyanurak, SEC Secretary-General said that the SEC recently presented the benefit of infrastructure funds for infrastructure development in Thailand to Air

fostering long-term savings through mutual funds, highlighting the regulations and oversight to ensure that mutual funds are managed professionally, transparently, and in the best interests of unitholders