EPF's i-Invest gets mixed reactions from experts

Norma: Contributors would be able to earn higher returns under the new 0.5% sales charge.

PETALING JAYA: There have been mixed reactions from the experts on the Employees Provident Fund’s (EPF) move to encourage its members to invest a portion of their retirement savings into unit trusts via a simplified and cheaper online platform.

While some have welcomed the move as a catalyst for members to diversify their retirement fund investments, critics said it would increase the risk borne by the members as compared to the capital-guaranteed EPF savings, considering the volatile equity market currently.