As I am writing this article, EPF has just declared its highest return ever of 6.15% in this decade. Many are eager to hear the good news, and certainly many EPF depositors are content with EPF’s performance compared to the performance of other assets.
Malaysia’s population stands at 29,336,000, of which about 13,313,000 or 45% are women, according to Bank Negara Malaysia’s population projection based on the Population and Housing Census of Malaysia 2010, adjusted for under enumeration.
In this issue of Money Compass, I will discuss what you need to know when looking for the right financial planner for yourself and how to ensure whether the planner is registered.
Complication of family business succession and wealth planning Without a structured family succession plan, wealth distribution issues become complex and may lead to conflict and...
This is a story about my financial life. I have been asked by most of my friends to tell my story because they elt that what I am doing with the financial aspects of my life now and my past mistakes would inspire other people to plan for a better quality of financial life. I would like to start my story from the time I graduated from my Diploma in Personnel Management. I started working and was well aware that I had little to start with.
Do you need one in the first place? A group of matured ladies were sitting down to a good cup of tea and kuih when the subject of life and money cropped up. One of them said in a matter-of-fact tone: “Looking at all the money spending distractions and the rising cost of goods, I will be lucky if my children do not come back to me for money, let alone provide for me in my old age.” This is life, especially in the city.
Prime minister (PM) Dato’ Sri Mohd Najib Tun Razak has launched the final component of the private retire- ment scheme (PRS) framework with the establishment of the Private Pension Administrator (PPA) and the approval by the SC of the first set of Private PRS.
The primary objective of NAMLIFA, now known as the National Association of Malaysian Life Insurance Fieldforce and Advisors, is to defend the agency system in order to ensure that insurance agents obtain a fair environment that is conducive with their career.
So you have life, homeowner's and even car insurance? But would you believe that for most of your working life, you're more than twice as likely to need disability than you are life insurance?
Being a woman certainly has its privileges and benefits, especially in this 21st century. Even as women today find more responsibilities heaped on their platter and have to juggle the roles of wife, mother, sister and employee of an organisation, it is interesting to note that they nevertheless can have it all and contribute to their family and society in more ways than they might have thought possible.