Deep, deep dive
- What is EPF?
- Who can invest in EPF?
- So why are EPF savings even important?
- How do you know if you are saving enough for your retirement?
- But why invest in EPF? What have their returns been like?
- What is the difference between the Conventional Savings Option and Shariah Option?
- When can I access my EPF savings?
- What is EPF’s new i-Invest platform?
- Practical tips
What is EPF’s new i-Invest platform?
From 2019 onwards, eligible EPF members can invest in unit trust funds offered by EPF-approved Fund Management Institutions (FMIs) through the self-service i-Invest online platform within the i-Akaun (Member) portal.
Using EPFs platform allows members to enjoy sales charges ranging from zero to 0.5% of the transaction amount. These sales charges are significantly lower than the standard sales fee through other unit trust sales channels such as via sales agents.
Take note, EPF doesn’t bear any risk when you choose to withdraw your money from EPF to invest in the i-invest platform. Your capital and your dividends are not guaranteed once you invest your unit trust.
Simply put, don’t take your money out unless you can sensibly beat the returns that EPF has been delivering! There is very little point in moving your savings out only to invest it in funds that underperform EPF.