25-09-2024
Kenanga Investors Berhad
The Edge: Reverse Annuity Scheme for Seniors With Critical Illness With Kalsis
The Edge’s recent article ‘Reverse Annuity Scheme For Seniors With Critical Illness’ featured Kenanga Investors’ Executive Director and CEO, Datuk Wira Ismitz Matthew De Alwis, as well as Founder and CEO of Kalsis Services Sdn Bhd Jonathan Teoh. The article provides background on the current retirement landscape and how Kalsis, a reverse annuity scheme created by AN LIVING in partnership with Kenanga Investors Berhad, can provide seniors with an alternative method to unlock wealth from their biggest asset: their homes. The scheme is modelled after France's viager transactions and aims to provide a new option for seniors in pressing need, particularly those dealing with cancer and heart attacks.