Very secure. At least, that’s what I thought for so many years. My old man said so, your financial or retirement advisor said so and of course, the government told us so.
It’s no secret that when the fund managers behind this top five pension fund sneezes, the stock market moves, literally.
And you probably wonder why ask such question all of a sudden. It paid us 5.8 percent dividend in 2010, and then increases it to 6.0 percent in 2011, an all time high figure for the past 10 years. What is there to worry about?
The fact is, there are 2 things brewing inside EPF this year. Probably not something to panic about, but definitely something we should be aware of.
Here’s my latest write-up at kclau.com