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  • July 13, 2014
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Results 1 - 6 of 6 for mpf

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  1. Business - Comment - JAKE'S VIEW

    MPF 'scandal' of overcharging deserves scrutiny by SFC

    Posted Feb 13th 2014, 01:24am by Jake Van Der Kamp

    ... Jake van der Kamp Overcharging by MPF managers is one of the biggest thefts committed in Hong Kong MPF 'scandal' deserves scrutiny by SFC A price war is looming among Mandatory ... a tiny slice of the MPF market and the waiver is valid for only the next three years. But it still provides an opportunity for putting matters into perspective. The average annual fee charged ...

    http://www.scmp.com/business/article/1426708/mpf-scandal-overcharging-deserves-scrutiny-sfc
  2. Business - Comment - JAKE'S VIEW

    MPF's real swindle is way it is stacked against workers

    Posted Jan 21st 2014, 12:33am by Jake Van Der Kamp

    ... Jake van der Kamp Employer-based system, even with fund switch concession, ensures low returns and high fees MPF's real swindle is way it is stacked against workers Speculation ... their retirement savings. Let us lay out the groundwork here as the real scandal is not what it at first seems. The offsetting mechanism in the MPF allows employers to deduct severance payments they may ...

    http://www.scmp.com/business/article/1409917/mpfs-real-swindle-way-it-stacked-against-workers
  3. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

    Posted May 29th 2014, 12:44am by Jake Van Der Kamp

    ... Jake van der Kamp A state pension would either be paltry or would have to be funded through higher MPF payments, further undermining people's savings Pension funding figures ... Provident Fund. And the problem with the MPF is that although it nominally takes only 10 per cent out of wages, this can be up to half of personal disposable savings, money that people desperately ...

    http://www.scmp.com/business/article/1520668/pension-funding-figures-dont-add
  4. Business - Comment - JAKE'S VIEW

    Giving workers full choice over MPF only solution

    Posted Nov 29th 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp Supervising agency appears to be working against the public with limited reforms on how employees can manage pension contributions Giving workers full choice over MPF only solution "Purely relying on market forces to set fee levels may not be enough. More needs to be done." Anna Wu Hung-yuk,  MPF Schemes Authority  chairwoman SCMP, November 27 ...

    http://www.scmp.com/business/article/1093299/giving-workers-full-choice-over-mpf-only-solution
  5. Business - Comment - JAKE'S VIEW

    People know best what to do with their own money

    Posted Oct 23rd 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp By eating away at retirement savings, the MPF does the opposite of what it was intended to do People know best what to do with their own money The Mandatory Provident ... of administrative improvements to the MPF, all of which I think are fine ideas. But the premise on which they are based I think is weak. It has yet to be proven that low-income groups do not save money ...

    http://www.scmp.com/business/article/1067536/people-know-best-what-do-their-own-money
  6. Comment - Insight & Opinion - JAKE'S VIEW

    MPF chief seems determined to be an enemy of the people

    Posted Nov 04th 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp 'Reform' a cruel joke that continues to feather nests of bosses and big fund managers MPF chief seems determined to be an enemy of the people "The MPF ... their providers and make it so they could transfer at any time would effectively change the whole structure of the MPF into an employee scheme." Diana Chan Tong Chee-ching, Mandatory Provident Fund ...

    http://www.scmp.com/comment/insight-opinion/article/1074935/mpf-chief-seems-determined-be-enemy-people

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