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 EPF DIVIDEND, EPF

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LNYC
post Sep 13 2016, 01:07 AM

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QUOTE(wil-i-am @ Sep 12 2016, 03:35 PM)
Dun worry so much as U will cross that bridge when U get there
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i try not to~~but on and off the feelings come...lol....hoping for the best..or just dont bother...
xuzen
post Sep 13 2016, 09:07 AM

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QUOTE(LNYC @ Sep 13 2016, 01:07 AM)
i try not to~~but on and off the feelings come...lol....hoping for the best..or just dont bother...
*
wise men say worry not those you are not in control of, lest you not get good sleep.

wise men say worry those that you are in control so that you may change it and get a good sleep.

Xuzen

This post has been edited by xuzen: Sep 13 2016, 09:09 AM
LNYC
post Sep 13 2016, 11:54 PM

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QUOTE(xuzen @ Sep 13 2016, 09:07 AM)
wise men say worry not those you are not in control of, lest you not get good sleep.

wise men say worry those that you are in control so that you may change it and get a good sleep.

Xuzen
*
Saya bercita cita menjadi wise man so that i will not have panda eyes..

thanks bosss
wil-i-am
post Sep 14 2016, 06:10 PM

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EPF's Simpanan Shariah hits RM41.1 bil
http://www.theedgemarkets.com/my/article/e...-hits-rm411-bil

41% take up rate is consider gud or slow?
zacknistelrooy
post Sep 14 2016, 06:26 PM

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QUOTE(wil-i-am @ Sep 14 2016, 06:10 PM)
EPF's Simpanan Shariah hits RM41.1 bil
http://www.theedgemarkets.com/my/article/e...-hits-rm411-bil

41% take up rate is consider gud or slow?
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It looks like it is slowing down since the first two weeks it was around RM25.1 Billion.

Now around a month later it is RM41.1 Billion.

That is kind of expected but just like EPF said, I feel more people may move towards it at the end of year.
nexona88
post Sep 28 2016, 02:54 AM

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Wanita MCA has backed a Bar Council’s proposal that the Employees’ Provident Fund (EPF) Regulations be amended to ensure the spouse and children of a deceased contributor would still benefit even if they were not named as beneficiaries.

There have been cases of EPF members who named other beneficiaries prior to their marriage, thus leaving their spouses and children in a lurch when they die, said Wanita MCA chief Datuk Heng Seai Kie.

http://www.thestar.com.my/news/nation/2016...ciary-proposal/
Avangelice
post Sep 28 2016, 08:49 AM

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QUOTE(nexona88 @ Sep 28 2016, 02:54 AM)
Wanita MCA has backed a Bar Council’s proposal that the Employees’ Provident Fund (EPF) Regulations be amended to ensure the spouse and children of a deceased contributor would still benefit even if they were not named as beneficiaries.

There have been cases of EPF members who named other beneficiaries prior to their marriage, thus leaving their spouses and children in a lurch when they die, said Wanita MCA chief Datuk Heng Seai Kie.

http://www.thestar.com.my/news/nation/2016...ciary-proposal/
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Or maybe update the epf members beneficiaries every 5 years? Or remind them? I don't like this one way approach. I have my dad as my Beneficiary as I know he will need it to care for my family. Forcing this would go against thy will
nexona88
post Sep 28 2016, 11:00 AM

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QUOTE(Avangelice @ Sep 28 2016, 08:49 AM)
Or maybe update the epf members beneficiaries every 5 years? Or remind them? I don't like this one way approach. I have my dad as my Beneficiary as I know he will need it to care for my family.  Forcing this would go against thy will
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Good idea rclxms.gif
Write email or something to them..

Not sure if they have peti cadangan at their office.. U can write
nexona88
post Sep 29 2016, 03:51 PM

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EPF plans to invest more in private equity, property
http://www.thestar.com.my/business/busines...quity-property/

so we can expect better EPF rate in future rclxms.gif thumbsup.gif thumbsup.gif
wil-i-am
post Sep 29 2016, 05:23 PM

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I presume EPF will c returns via PE from 2020 onwards
titanic_crash
post Sep 30 2016, 11:52 PM

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EPF will increase basic savings starting 2017
wil-i-am
post Oct 1 2016, 07:27 AM

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Higher savings @ 55 yo plus lower withdrawal for EPF-MIS scheme
http://www.theedgemarkets.com/my/article/e...age-55-rm228000
kpfun
post Oct 1 2016, 10:35 AM

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QUOTE(wil-i-am @ Oct 1 2016, 07:27 AM)
Higher savings @ 55 yo plus lower withdrawal for EPF-MIS scheme
http://www.theedgemarkets.com/my/article/e...age-55-rm228000
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EPF should retain at least 50% of the sum for gradually withdrawal during retirement.

I have seen many folks who are pittyful begging for monthly allowance from their children, after spending all their EPF saving, either for self use, or family purpose.

This post has been edited by kpfun: Oct 1 2016, 10:36 AM
hirano
post Oct 1 2016, 12:10 PM

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QUOTE(Avangelice @ Sep 28 2016, 08:49 AM)
Or maybe update the epf members beneficiaries every 5 years? Or remind them? I don't like this one way approach. I have my dad as my Beneficiary as I know he will need it to care for my family.  Forcing this would go against thy will
*
Beneficiaries need to fill in form at th epf office right? Last time i check, cant do online
Avangelice
post Oct 1 2016, 12:37 PM

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QUOTE(hirano @ Oct 1 2016, 12:10 PM)
Beneficiaries need to fill in form at th epf office right? Last time i check, cant do online
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I filled my dad's name as my Beneficiary in the epf office. cannot do online. the problem is that they are changing the beneficary after death.
nexona88
post Oct 1 2016, 08:45 PM

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EPF keen to add more highway assets
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It is believed that the EPF is keen on acquiring highway assets that are still at a growth phase and have yet to experience strong traffic growth. They include highways that are located in the Klang Valley as well as intercity expressways in other states.

Instead of investing in public listed companies whose subsidiaries own highway assets as in the past, the fund is said to be opting for direct ownership in the operators instead. This ensures that the earnings derived from the highway operations will flow directly to the fund as opposed to their holding companies.

http://www.thestar.com.my/business/busines...highway-assets/

EPF is seeking to maintain or increase their dividend in near future.
Good for contributors rclxms.gif thumbsup.gif
wil-i-am
post Oct 2 2016, 07:55 AM

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QUOTE(kpfun @ Oct 1 2016, 10:35 AM)
EPF should retain at least 50% of the sum for gradually withdrawal during retirement.

I have seen many folks who are pittyful begging for monthly allowance from their children, after spending all their EPF saving, either for self use, or  family purpose.
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I presume some will say yes n no
For me, I will say no bcoz I know how to manage my funds plus I blif discipline is important
kpfun
post Oct 2 2016, 09:57 AM

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QUOTE(wil-i-am @ Oct 2 2016, 07:55 AM)
I presume some will say yes n no
For me, I will say no bcoz I know how to manage my funds plus I blif discipline is important
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Frequent visitors to this thread generally are like you. But, I strongly believe that we are not the majority.

By visiting the threads like "AKPK, Debt Issues", and "CCRIS, CTOS, Blacklisted by Ban", we can know that how poor these people in money management.

Basically, their minds has nothing other than thinking of where they can borrow money!

This post has been edited by kpfun: Oct 2 2016, 09:58 AM
nanan75
post Oct 2 2016, 08:12 PM

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Is one allowed to keep his savings in epf even after he retires at 55, with the intent of drawing only dividend annually?

Its hard to find 6+% annual returns passively.
xuzen
post Oct 3 2016, 11:33 AM

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QUOTE(nanan75 @ Oct 2 2016, 08:12 PM)
Is one allowed to keep his savings in epf even after he retires at 55, with the intent of drawing only dividend annually?

Its hard to find 6+% annual returns passively.
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Hard or not is subjective.

But if one were to participate as an unit-holder into one of these UTF for the past ten years, his money would have grown minimally 7.88% per annum to a maximum of 17.16% per annum.

Xuzen

This post has been edited by xuzen: Oct 3 2016, 11:38 AM


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