Republic Act 9505 or the PERA Act of 2008

A new law that hopes to encourage Filipinos to invest more of their savings in high yield products has been signed recently. The PERA Law or Personal Equity and Retirement Account will be implemented by the Bangko Sentral ng Pilipinas (BSP) next year.
BSP Governor Amando M. Tetangco Jr., one of the signatories of the implementing [...]

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October 22, 2009  Tags: , , , , , , , , , , ,   Posted in: Announcement, Government, Philippine business news, Philippines, banking, finance, investments, money  No Comments


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