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PERA : Personal Equity & Retirement Account

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PERA or Personal Equity & Retirement Account was launched by the Bangko Sentral ng Pilipinas last Dec. 16, 2016 which aims to  facilitate Filipinos to save for their retirement.

Currently, BPI and BDO are considered to be the pioneer administrator for PERA accounts. To learn more about PERA, here’s a short video from BSP:

 

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