EPF Introduces i-Sinar For Last Resort
17-Nov-20 08:47
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EPF has announced a new scheme called i-Sinar, which will allow active members who have lost their jobs, or who have no source of income, to withdraw a certain amount from their EPF Account 1, depending on their existing account balances. The Morning Run team discusses the impact this will have on long-term retirement planning as well as Malaysia's capital markets, with comments from EPF CEO Tunku Alizakri Alias.
Image Credit: Ismail Sadiron / Shutterstock
Produced by: Dayana Mustak, Sim Wie Boon
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Social Issues
Tags: epf, social protection, b40, m40, retirement, i-sinar, covid-19, budget 2021,