EPF yesterday unveiled details of Account 3, also known as Flexible Account. The restructuring will be applicable for members under the age of 55 and provide flexibility for savings in this third account to be withdrawn at any time. Ng Zhu Hann, CEO & Founder, Tradeview Capital tells us how this restructuring could impact EPF’s portfolio, and who should consider transferring part of the savings from account 2 to this new flexible account.

Image Credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Wong Shou Ning

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

Categories:  Law/Activism,  economy,  financial wellness,  young finance

Tags:  epf account 3,  retirement planning,