Cover Story: Withdrawal of Account 1 shook EPF to its core, says Amir - News Summed Up

Cover Story: Withdrawal of Account 1 shook EPF to its core, says Amir


If you look at the EPF, we’ve always been guided by our strategic asset allocation (SAA). So, we will see, because there is still some flexibility in terms of members’ savings that would still allow them to take out for i-Sinar. But going back to the first point, 6.3 million of EPF members have less than RM10,000 in their Account 1. You mentioned that there is pressure on the EPF to perform better to help boost members’ savings. When I first started working 30 years ago, we could only access our EPF account every five years.


Source: The Edge Markets June 24, 2021 06:25 UTC



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