Consumers are worried that the proposed move to use their savings from the Employees Provident Fund (EPF) as collateral for bank loans would leave contributors in more debt and without any retirement funds. The move would only increase the debt level as most people taking such loans might not be abl...
If withdrawals from the Employees Provident Fund (EPF) were allowed again, it would adversely affect the country's finances, says Datuk Seri Anwar Ibrahim. The Prime Minister said many countries in the world had decided against allowing withdrawals from their respective retirement funds, despite all...