so good news, next year we should be expecting more dividends already, 7.5%? haha..

The Employees Provident Fund (EPF) is expected to announce a dividend of between 6.35 percent and 6.45 percent for 2014.

The dividend last year was 6.35 percent. Anything higher than 6.35 percent would make it the highest EPF dividend since 1999, where the dividend was 6.84 percent.

-Malaysiakini-

saw your comment at Annuities thread..
I didn't know that the agents gets 6 star vacations in Europe every 6 months or option to buy 8000sqft bungalow in Damansara 

Tell your aunt to be very careful... The Anti-Money Laundering Act 2001  coz her wealth to be frozen and forfeited if she is ever found as an accomplice to money laundering.

Xuzen

I am sorry you think that way, it shows your ignorance true and true.

Xuzen

lol like tis kind of people also have in malaysia

woah 2 bijik Lexus    which I only can dream of owning it

only way is to do like her or be some crony

Losing money is because you have to pay upfront service charge. I believe that's what he tried to point out.

people are even taking out their EPF money to invest in Unit Trusts, and approved by EPF. But  i wont use epf money la for that.

You are most likely an impressionable youth and who is using your aunt as a role-model because you see her wealth as a measure of success. It is natural. However I wish to caution to those who are thinking along similar line as supersound to bear in mind that the financial services industry has changed and it is not so easy to "help rich datuk" move the money around anymore.

New laws such as AMLAFTA and FATCA gives our local enforcement people (Jointly the custom, police, BNM and Sec-Com) more bullet to curb money laundering and illicit out-flow of funds.

Do not hero-worship people who "help datuk" move money around... it is criminal.

Xuzen

EPF to declare higher dividend?
http://www.theedgemarkets.com/my/article/e...higher-dividend

When EPF will announce it ?

Y so conservative?

yup, looks like that what EPF trying to do & it may work in their favor looking at how crazy our people is towards higher return than FD rate

u not in Malaysia currently?

additional 0.3% only. is it really that good? 

EPF has declared 2014 dividend, 6.75%. Member can login to check.

EPF

Check your EPF online now!

Dividend for 2014 is in there now!

If my calculation is correct, it is 6.716%!

seems like better to keep in EPF than withdraw to invest in unit trust.

No fund manager will give u B&W on their returns

If you take the average since 2003, it is only generating 5.43% p.a.