SC continuously searching for ways to address adequacy of retirement savings

KUALA LUMPUR: The Securities Commission (SC) is continuously in search of novel ways to address the adequacy of retirement savings, where Malaysia is expected to become an aged nation by 2030, with 15 per cent of the population aged 60 and above.

In its Annual Report 2022 released today, the SC said one way involves approaching the problem through a behavioural lens and applying behavioural insights to encourage greater retirement planning among Malaysians.