EPF As Loan Collateral - Good Or Bad?
Ringgit and Sense
English - March 23, 2023 01:30 - 22 minutes - 20.3 MB - ★★★★★ - 1 ratingBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Earlier this month, Finance Minister Datuk Seri Anwar Ibrahim suggested allowing contributors of the EPF to take bank loans by using their contribution as collateral instead of adhering to calls by certain people to again allow withdrawals from the fund. Licensed financial planner Shing Yee Ling talks about the idea behind this, what kind of impact it would have and what to do to ensure you have a safe retirement.
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