Varied response to EPF implementing tiered dividends
NOT many — not even billionaires — would willingly give up money, let alone professionals or retirees who are perhaps only a notch or two better than middle-income wage earners who may not be able to afford to retire. So, there is understandably keen interest in whether the Employees Provident Fund (EPF) will implement tiered dividends. Those watching this space are not just the EPF’s 14.8 million members — particularly those who might be negatively affected by it — but also those who deem the move as beneficial to the lower-income wage earners. Along with a number of constructive s...
Source: theedgemarkets.com