Tough six months for EPF

Economist Dr Geoffrey Williams said EPF depositors should brace for a lower return this year, as the high dividend of 2021 is unlikely to be repeated.

PETALING JAYA: The Employees Provident Fund (EPF) is off to a bad start in 2022 after its investment income tumbled by nearly 18% year-on-year in the first quarter (1Q).

With the global stock market meltdown building up, EPF could be heading towards another round of disappointing performance in the second quarter.