Factors Affecting The Investment in Provident Fund

Abstract

This research focuses on factors affecting investment in provident funds. The objective is to study the investment behavior in provident funds of provident fund members. Using a questionnaire as a tool to collect data from a sample of 400 people, the variables used in the study were determined, including independent variables, namely personal factors and financial planning, Factors of knowledge and understanding about investing, Investment motivation factor, The dependent variable is investment in provident funds. The data were analyzed using descriptive statistics. To find frequencies, percentages, averages, standard deviations and inferential statistics. Find relationships between variables. Using F-Test Analysis, Chi-square Analysis and Multiple Regression Analysis using the least squares method.

The results of the study found that factors affecting investment in provident funds, personal factors and financial planning include monthly income. Investment attitude Experience investing in deposits and gold and investment motivation, it includes savings objectives. and the external environment. statistically significant at 0.05.

Keywords:  Provident Fund, Financial Planning, Retirement