QUOTE(plumberly @ Feb 8 2015, 06:13 PM)
Me too. In fact, shocked rather than just surprised. I thought it would be 5.25% considering the coming gloomy economy in 2015/16. Though EPF has done well in 2014, I thought it would be saving some money for future dividends. But I was wrong.
Prior to 2014, ASX have always done better than EPF and I was planning to shift some EPF money to ASX. But 2014 result, though it is good, throws my plan into the drain. Ha.
One thing at the back of my mind is, EPF reports RM x billions. Are these $ on paper or real assets (not inflated assets)? Who is auditor for EPF? Stupid question, cannot trust 100% even inĀ international auditors now.
Taking my family out for a good dinner tonight. Courtesy of EPF! Ha.
Cheerio.
I don't think EPF have the c/fwd income policy like ASx
better not "transfer" your ASx $$ to EPF. better to diversify.
for the auditors thingy, I think should be the top companies like Deloitte, EY, PwC & KPMG. but as u said, I also doubt their accounts.. We cannot "touch" the money like until 55yo

that brings me to ASx.. what they actually do with our c/fwd income. please don't tell me they juz keep it without earning some income from it. in the annual report, didn't clearly state it

not forgetting in ASW2020, don't even state fully which company they invested. only show top 20
This post has been edited by nexona88: Feb 8 2015, 06:44 PM