CEO: Have financial literacy first


PETALING JAYA: Only one out of five contributors who have withdrawn their money from the Employees Provident Fund to invest in unit trusts have enjoyed better returns than what the retirement fund would have given them.

EPF chief executive officer Datuk Shahril Ridza Ridzuan said according to their study, about 40% saw worse returns from unit trusts.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , EPF , withdrawals , contributions

Next In Nation

Don't embarrass Malaysia: Nga slams public littering in city centre
Petronas Dagangan confirms operational issue at Samarahan Expressway station
Govt committed to advancing Sarawak’s wellbeing through inclusive development, says PM
Embattled Perlis MB Mohd Shukri steps down from post
Three PAS assemblymen ordered to return state assets
Police nab man, contraband ciggies worth RM320,000 seized
Cops begin probe into alleged falsified heritage player documents
Melaka hotels light up for Christmas after clarification on halal rules
Tourists find holiday cheer away from home in Kuala Lumpur
PAS trio ceased as party members, Speaker’s prerogative to vacate seats, says expert

Others Also Read