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Retirement Fund (Incorporated) (Malay: Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees. KWAP is one of three main bodies in Malaysia's pension system, the others being the Employees Provident Fund (for private sector employees) and Armed Forces Fund Board (for military personnel). It is also regarded as one of Malaysia's government-linked investment companies (GLICs).
References
- ↑ "Records of British Assets Trust Ltd, investment trust, Edinburgh, Scotland". Archives Hub. Retrieved 27 September 2022.
- ↑ Angus, Robin. "A Share Journey: Extracts from Personal Assets Trust quarterly reports 1994 to 2021" (PDF). p. 153. Retrieved 18 February 2023.
- ↑ Verity, Andrew (8 November 1997). "Friends Provident merges fund management arm with Ivory & Sime in pounds 132m reverse takeover". The Independent . Retrieved 18 February 2023.
- ↑ "Friends Ivory & Sime beefs up US team". CityWire. 15 April 2002. Retrieved 18 February 2023.
- ↑ "Bids for Aberdeen property arm". The Guardian. 12 January 2003. Retrieved 18 February 2023.
- ↑ "Isis and F&C join forces in £378 million deal". City Wire. 2 July 2004. Retrieved 18 February 2023.
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