PARENTS who worry that their grown-up children would not be able to afford to buy houses or those who do not want their children to be saddled with student debt can offer them a financial hand via the groundbreaking Employees Provident Fund (EPF) inter-generational wealth transfer, according to an economist.
Prof Emeritus Barjoyai Bardai said this scheme allows parents to plan ahead by transferring part of their retirement savings directly to their children.
