Registration for ReLife Project Starts on 4/11
2019/04/11
For the purpose of raising citizens’ awareness of self-saving investment plans for retirement, FSC has mandated TDCC, SITCA, FSI to organize and FRS to implement “Experimental Project for Self Pension Saving Investment”—“ReLife Project,” and the registration started on April 11th.
Mr. Wellington Koo, Chairman of FSC, was invited to the press conference and gave an opening speech to promote the concept of early planning for retirement. ReLife Project is well known for its 6 main features: “Nationwide Participation”, “Systematic Investment Plan”, “Selection by Experts'”, “Free of Sales Charges”, “Low Management Fee,” and “Exclusive within a Limited Time” .The initiative and consulting committee of ReLife Project is composed of industry experts, officers and scholars, with Mercer serving as the consultant, strictly evaluating the investment proposal and selecting 3 investment and trust companies to participate the project. The products of the ReLife project are fund of funds (FOF), classified as either “Target Risk Fund of Funds” or “Target Date Fund of Funds.” Based on different risk types and expected retirement dates, different proportions of stocks and bonds are set to meet investors’ demand. To develop Taiwan’s capital market, a certain proportion of investment in Taiwan stock funds is also required.
Investors joined ReLife Project can not only prepare retirement with a selection of funds but also enjoy the privileges of free sales load and low management fee. Citizens can register via FundRich website (https://www.fundrich.com.tw/ ) to participate in the project and actively implement their retirement plan.