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  • Retirement savings by Malaysians insufficient

    Monday, November 24, 2014
    • savings
    • savings
    Malaysians are advised not to rely solely on their EPF when planning to save to prepare for retirement.

    KUALA LUMPUR -- November 24, 2014: The retirement savings by Malaysians in both the public and private sectors is insufficient, with almost 70 per cent of active 54-year-old employees having less than RM50,000.
     
    Citing figures from the Employees Provident Fund (EPF), Kelly Outsourcing and Consulting Group (KellyOCG) Asia Pacific vice-president Anthony Raja Devadoss said as of last year, there...

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