RM10k EPF Withdrawal: Good, Bad, or Ugly?

Geoffrey Williams, Economist, Malaysia University of Science and Technology

21-Mar-22 12:00

RM10k EPF Withdrawal: Good, Bad, or Ugly?

Pause
Embed

Is the decision to allow a fourth EPF withdrawal a good one? While there have been calls to allow EPF contributors to dip into their own savings during these pressing times, experts have warned that doing so could have serious implications not just for individuals, but for the EPF as a whole. We gather a couple of experts to weigh in on this heavily debated announcement.

Image Credit: Malay Mail

Produced by: Arvindh Yuvaraj

Presented by: Christine Wong, Richard Bradbury

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: business analysis, SME, entrepreneurship, trends and forecasts, politics, social issues, law and legal matters

Tags: finance, economy, pension, money, savings, retirement, b40, EBB-Allianz,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) In this episode, we unpack the complexities of CEO succession, especially in founder-led or family-run companies that dominate Malaysia’s corporate landscape.

12:00 PM

Just For Kicks

(REPEAT) It's a busy week of football, with Enzo Maresca leaving Chelsea grabbing the headlines as we usher in the new year. Our pundits react to this news, as well as look ahead to the weekend's matches.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Sharmilla Ganesan and Vernon Adrian Emuang discuss grandma hobbies, poetry making a comeback and Malaysia's cultural metropole on another insightful episode of ABoC!

2:00 PM

Ringgit & Sense

(REPEAT) This week on Ringgit & Sense, producer Jake Lim is joined by Kimberly Law, co-founder and licensed financial planner at Uno Advisers. And since it’s job hunting season for fresh grads, they’ll be talking about what to do, and maybe more importantly what NOT to do with your first paycheck.

2:30 PM

The Property Show

(REPEAT) Best of The Property Show 2025 revisits curated episodes on the changing role of the home.

3:00 PM

Best of The Bigger Picture

(REPEAT) In this ‘Best of 2025’ replay, we dive into the age-old debate of whether generic drugs are less effective.

4:00 PM

Best of Evening Edition

(REPEAT) How do I argue against conspiracies?

5:00 PM

BBC World Service

Professor Jim Al-Khalili speaks to George Church, one of the pioneers of modern genomics on another episode of The Life Scientific.

PROGRAMMES