KUALA LUMPUR, June 27 — A total of 3.45 million or 26.6 per cent of Employees' Provident Fund (EPF) members under the age of 55 have opted to transfer RM10.86 billion from their Sejahtera Account (Account 2) to the Flexible Account (Account 3) as of June 10.
KUALA LUMPUR, April 26 — CIMB Investment Bank Bhd (CIMB IB) expects the impact of the Employee Provident Fund’s (EPF) introduction of a third account, which allows for flexible withdrawals, on Malaysian Government Securities (MGS) and Government Investment Issues (GII) demand to be mitigated by strong net contributions, ample onshore liquidity, and government-linked investment company (GLIC) and government-linked company (GLC) repatriation.
KUALA LUMPUR, April 25 — The Employee Provident Fund (EPF) today announced the EPF Account Restructuring Initiative, which will take effect on May 11, with the introduction of a Flexible Account for short-term financial needs.
KUALA LUMPUR, Oct 23 — The government is finalising details on the withdrawal access for the proposed Employees Provident Fund (EPF) Flexible Account, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
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