Strengthening Income Security Post-Retirement

Alvin Tan, President, Financial Planning Association of Malaysia (FPAM)

14-Jul-23 08:45

Strengthening Income Security Post-Retirement

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The EPF has proposed a slew of reforms for its retirement scheme, including mandatory monthly withdrawals and a new Account 3 designed to strengthen income security. Alvin Tan, President of the Financial Planning Association of Malaysia breaks down the rationale for these proposals and whether it will have the intended effect.

Image by: Shutterstock

Produced by: Yeong Yeng Yee

Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See

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Categories: government, financial wellness, alternatives, investments

Tags: epf account 3, income security,

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