The government is proposing a major restructuring of the Employees Provident Fund under the 13th Malaysia Plan. The idea is to split EPF into two components:<br />flexible savings, which can be withdrawn anytime, and retirement savings, which will be paid out regularly until depleted. It's a bold move aimed at strengthening old-age income security, as Malaysia prepares to become an aged nation. But can a new hybrid model safeguard retirement income for the long term without overriding the rights of contributors who’ve saved throughout their working lives? On this episode of #ConsiderThis Melisa Idris speaks with economist Dr Geoffrey Williams, Founder and Director of Williams Business Consultancy.<br />
