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THERE is a severe lack of financial literacy in Malaysia, as any number of news reports, surveys and polls reveal.
Furthermore, basic investing knowledge is lacking — a problem that cuts across all age groups. As Malaysia ages, the problem amplifies since retirement savings as measured by the EPF’s basic quantum savings benchmark are insufficient to retire “gracefully”.
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Financial education
,
literacy
,
risks
,
investment
,
knowledge
,
EPF
,
Federation of Investment Managers Malaysia
,
FIMM
,
IIFA
,
income
,
saving
,
PRS
,
retirement
,
unit trust
Thank you for your report!
