Account 3 withdrawals have no influence on EPF's investment strategy

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KUALA LUMPUR: Withdrawal s from the Employees Provident Fund’s Account 3 will not affect the retirement fund’s investment strategy, as they will be carried out in controlled amounts and within an organised framework, said chief executive officer Ahmad Zulqarnain Onn.

He said this during the ‘Fireside Chat 2’ discussion session, held in conjunction with the Sasana Symposium 2024 organised by Bank Negara Malaysia. This, in turn, would impact the fund's investment returns, as highly liquid assets frequently generate low returns.

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Sasana Symposium Bank Negara Account 3 Withdrawal

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