CEO: Have financial literacy first


PETALING JAYA: Only one out of five contributors who have withdrawn their money from the Employees Provident Fund to invest in unit trusts have enjoyed better returns than what the retirement fund would have given them.

EPF chief executive officer Datuk Shahril Ridza Ridzuan said according to their study, about 40% saw worse returns from unit trusts.

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Business , EPF , withdrawals , contributions

   

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