In Malaysia’s EPF, a few rich own more than half the savings in the fund

KUALA LUMPUR: According to government data, income inequality among its people — as measured by the Gini coefficient — has been trending down in the past four decades, from 0.513 […]

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Most Malaysians cannot afford to retire

MALAYSIA is ageing, and the population over 65 should come to 15% of the population by 2035. Current Employees Provident Fund (EPF) savings for most Malaysians are barely enough for […]

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EPF’s Simpanan Shariah attract their members

KUALA LUMPUR: The Employees Provident Fund’s (EPF) Simpanan Shariah has signed up 41,000 members nationwide as of yesterday. The scheme, to be launched in January 2017, is open for registration […]

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