Tag Archives: fund
EPF : Malaysian Employees Get An Extra 1% contribution from Employers
Prime Minister Datuk Seri Najib Tun Razak in his Budget 2012 speech, announced the rate increase is a move to help those with insufficient savings to bear the cost of living upon retirement. The revised employers’ statutory contribution rate of 13% … Continue reading
You can’t get a loan for retirement
Few days ago, one of our clients came and asked me which one is better?, saving for child’s education or saving for retirement?. Of course I would say both saving plan is also good. In fact any type of saving … Continue reading
EPF – FPAM Retire Happy Seminar 2010
For those who didn’t know, the Employee Provident Fund ( EPF ) in collaboration with the Financial Planning Association of Malaysia (FPAM) had successfully organized an education programmed on 8th June 2010. This seminar received lot of response from the … Continue reading
How True Is EPF’s Statistic?
Newspaper or even your own financial consultant have told you many times about the statistic from Employee Provident Fund ( EPF ) that majority of the contributor used up all their saving within 3 years after their retirement. Today, I’m … Continue reading
