Kuala Lampur, April 10 --  

 

KUALA LUMPUR, April 9 - The growing use of the Employees Provident Fund's (EPF) Akaun Fleksibel facility for short-term financial needs could pose risks to long-term retirement adequacy, the pension fund has cautioned.

In its latest report, "Enduring Today, Shaping Tomorrow: Akaun Fleksibel as a Financial Lifeline for Wellbeing", the EPF said while the facility has provided immediate relief to millions of members, continued reliance on withdrawals could gradually reduce retirement savings if not carefully managed.

Nearly five million members below the age of 55 have withdrawn a combined RM16.6 billion as of October 2025, reflecting sustained demand for liquidity amid ongoing cost-of-living press...