Lack of retirement savings an ongoing concern
SHAH ALAM: Most Malaysians do not have enough savings for their retirement, with only 33% of active Employee Provident Fund (EPF) members having recorded basic savings of RM240,000 as of last year, says the EPF chief executive officer. Ahmad Zulqarnain Onn said this percentage represented 2.4 million members aged between 18 and 55 in the formal...