Economists expect a lower EPF dividend rate for 2022

Economists expect the Employees Provident Fund (EPF) to distribute a lower dividend rate for 2022 following a weaker total investment income recorded in the first quarter ended March 31, 2022 (Q1 2022).

The pension fund announced yesterday that its total investment income had slipped to RM15.85 billion in Q1 2022, down from RM19.29 billion in Q1 2021, due to a significant decline in worldwide markets...