To transfer or not, wonder parents

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To transfer or not, wonder parents
EPFAgeing NationPremature Withdrawal
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NOTTINGHAM, England (Reuters) -Nottingham Forest striker Chris Wood profited from an error by Crystal Palace goalkeeper Dean Henderson to give his side a narrow 1-0 Premier League win on Monday that leaves the visitors still without a victory this campaign.

PETALING JAYA: Parents have reservations about transferring their Employees Provident Fund savings to their children’s accounts.

Chow Sang Hoe, 53, a management consultant, said he may consider the scheme, but there must be clarity first from EPF. Dr A. Yasothini, 53, a medical officer, and her daughter Nishaiyani Ramesh, 24, a strategy consultant, have differing opinions of the scheme. “With such a scheme, there may even be extortion by children of parents in desperate times,” said Yasothini.“My concern would be more about the younger generation’s behaviour, to spend more and save less. With a fund like EPF that has rules in place, this seems like a good initiative.

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EPF Ageing Nation Premature Withdrawal Inheritence

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