I'm trying to derive profile of fellow forumers.
Will plot some Charts.

Age :
20-30, a
31-40, b
41-50, c
51-60, d
> 60, e

Kwsp acc1+acc2+gold (RM K), ie, 1,000s savings :
(If earn Sgp $ in SRS or CPF, just x 3.)
Rm100-300, a
Rm301-600, b
Rm601-900, c
Rm901-1200, d
Rm1201-1500, e
>Rm1501, f

How you feel of kwsp performance :
Satisfied, let kwsp fund mgrs do their work, a
Neutral, buy 10% PRS n IT, b
Dissatisfied, want to manage own Acc1, c
Most dissatisfied, want to withdraw all kwsp, d

Example of a Wealthy Uncle reply  cud be = d, f, a.

I wouldn't be surprised,.. tks bro,...

Prb is,... if they cut too low, the RM will depreciate further,...

i also just 'sold' all my unit trust and park back inside EPF for the dividend. selection of unti trust fund is very important. if the fund cannot do better than EPF then it's not worth the time and money.

after 3 years, i m getting avg of 3% from my local balanced equity funds, so better switch back to EPF for the dividend.

https://www.thestar.com.my/business/busines...f-rm1512b-in-2q

How does this compare to last year?

Edit: found it

https://www.kwsp.gov.my/-/epf-records-rm12....ome-for-q2-2019

Perhaps we can hope for a decent dividend

If anyone haven't filled up the survey, here is the link;

https://survey2020.kwsp.gov.my/

Some of the main points;
Revising full withdrawal from 55 to 60 to tally with retirement age.

Flexible withdrawal for any usage, with changes in structure and proportion for account 1 and 2

Investment product to include ETF and precious metal rather than just unit trust.

Value added service such as medical and life insurance, hibah

Tiered dividen rate, greater dividend for amount lower than 600k

Agree with you, should be the same rate for all accounts.

Save so many years and get a lower rate? Not fair.

that seems to be very true,......
judging from the quick look of this chart
(some people started to take loans again after the lockdown)
https://www.thestar.com.my/business/busines...s-remain-stable

yes, seems like can save Abt 29k for a BMW series 7 car 
but can only save 1.7k for a MYVI.... 

Sales Tax Exemption On Passenger Cars In Malaysia: How Much Will You Save?
https://ringgitplus.com/en/blog/personal-fi...l-you-save.html

Year 2020 dividen.. will be then lower or higher .. with this sudden 14-16bil withdrawal?

Yes,... Definitely will impact the dividend $ to be received by the contributors that had withdrawn. They had withdrawn, thus has less money inside to get the dividend.

Thanks.

Dont know whether to be happy or sad to see this list! So dominant in Msian shares. OK if it has no political hands in there.

EPF is getting contributions every month... the cash inflow per month can match 4 months of withdrawals. And about 50% of their investment is in government securities and bonds. So how to know which long term investments that are now giving returns were purchased using the money deposited by the older depositers?

The reversed tiered rate don't have to take this into account... it only care how much the average man should have in his account.

If he has more than this x amount, it is considered surplus, and would get a lower return and dividend on the surplus amount.

The fairest dividend should not be a predetermined and fixed percentage... it should still be based on the total annual returns collected in the financial year. Hence the tiered rates is still based on the investment returns for the year.

=====

Note: If the EPF member has too much money in EPF, he can use I-Invest and invest into unit trust funds to get better returns.

Yup, a few months ago and so far it’s good
Would have been earning a lot more if I started even earlier especially if i started end of Mac or earlier April this year. The rebound of most of the good funds are superb.

Fsm website shares good recommended funds. You can check out there. Once you selected the funds you are interested, you can share them here. I’m sure many can give advise to you. Most of my funds are based on fsm recommended funds

In average 5%

Had 2 funds at around 10% and those less than 5% would be the one I just bought a few weeks ago

So epf could be doing better than ASB.

Hmm.. If profits transfer between GLICs are that easy, Tabung Haji won't have any financial issues despite double-digit returns for many years.

In fact there is competition among the GLICs, according to report from IDEAS.

One notable example is the failed merger between MBSB. RHB and CIMB a few years back. RHB, MBSB owned by EPF, CIMB owned by Khazanah. If merge will threaten Maybank's dominant position (Maybank backed by PNB).

So, I doubt the profits can be shared that easily, though one that's made public was the transfer of profits from Ekuinas (bumiputera's private equity investor) to PNB.

https://www.pmo.gov.my/2020/09/ekuinas-to-s...-of-bumiputera/

Makes sense.

How would the transfer be done? Behind closed doors? Hardly see any media reporting such "profit sharing".

Same fund manager? You mean those work for PNB also work for EPF. Cannot be lah.

They are under the same boss, MOF Inc., but cannot be exactly the same people who manage the funds. Maybe boss force them to initiate transfer between one another. But must be different people, no?

No need to say when the latest purchase of Top Glove and disposal of it already loss of at least 3% which is why they won’t disclose the selling price

2nd the Gdanski mall in Poland and several London inflated properties another loss as no demand for disposal based on FX gains

A lot EPF as wasted paying the useless fund manager which is why I can foresee a lot of well to do will start diversfying into RoboAdvisors ETF and alternative like Luno soon