EPF i-Invest online platform: Benefits and impact on unit trust investors

“With great powers, comes great responsibility, ” so says one of the most thematic and often quoted lines by a well-loved character from Marvel’s Spiderman. Indeed, the initiative by the Employees Provident Fund (EPF) to allow its members to invest directly from their EPF funds into unit trust via the newly launched i-Invest online platform is an exciting prospect to say the least. Not only would this move offer greater convenience for members to grow their wealth, but also unparalleled access to tap into a set of diverse funds.

I would go as far as to say that this could be the game changer that the unit trust industry needs in order to reinvent itself and offer more value to investors. Let’s break down what’s in store for the readers.