2% fee to oversee EPF savings MD: Amanah Raya a more practical choice for trustee than family


KUALA LUMPUR: Employees’ Provident Fund (EPF) members who nominate Amanah Raya Bhd as the nominee, administrator or trustee to oversee their savings will be charged a 2% fee of the total amount.

Amanah Raya Bhd group managing director Adenan Md Yusof said most EPF members would want their immediate family members, especially their children, to become nominees.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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