Low-fee funds not high on pensions list

Low-fee funds not high on pensions list

Everyone likes a bargain. And if we extend this truism to the thorny issue of fees for our retirement schemes, then perhaps we should be thankful that our pension regulator is trying to bring in rules to lower MPF fees. But a closer look shows caution is required.

Tuesday, 11 June, 2013, 3:25am 1 comment

How to avoid costly fees and enjoy the view

Increases in admission fees at several scenic spots on the mainland sparked tips online on how to avoid costly fees while still enjoying the often-breathtaking views.

Various fare-evasion tips, including ways to avoid ticket booths, were readily available in the lead-up to and during the three-day Labour Day holiday that ended yesterday.

2 May 2012 - 12:00am

Cost cuts to aid business

Following a waiver of business registration fees from 2010 to 2011, the financial secretary proposed in his budget reintroducing the practice for a year starting next month.

The move, expected to cost the government HK$1.9 billion, is aimed at helping businesses in the face of the uncertain economic situation.

26 Mar 2012 - 12:00am

School gets approval for subsidy switch and raises fees

An elite Christian secondary school will switch to direct subsidy and raise fees from HK$3,000 to HK$30,000 from the 2012-13 academic year.

The Education Bureau gave the 75-year-old Heep Yunn School in Kowloon City approval to become a DSS school. There are 73 schools under the scheme.

16 Aug 2011 - 12:00am

Truck drivers strike over fuel prices and fees

About 1,000 container truck drivers went on strike in Shanghai yesterday, complaining about soaring fuel prices and increased fees charged by port and storage depot operators.

At least two drivers were taken away by police, one witness said.

21 Apr 2011 - 12:00am

Another ESF school raises fees, adds levy

Another private international school under the English Schools Foundation has announced a fee increase and a levy on parents - the second to do so in two days.

Discovery College in Discovery Bay will increase its annual tuition fees by 6.6 per cent for the new academic year and impose an annual non-refundable 'building fund' levy of HK$9,500 for both new and existing pupils.

14 Apr 2011 - 12:00am

Parents hit with extra charge by college

The loss-making Renaissance College has become the latest international school to raise fees, putting up its charges for primary and secondary students by 5 per cent.

The private school, under the English Schools Foundation (ESF) umbrella, will also impose a one-off, non-refundable levy of HK$23,500 for all Primary One students starting in the 2012-13 academic year.

13 Apr 2011 - 12:00am

Kindergartens seek increase in fees

Nearly half the city's kindergartens want to raise fees for the next academic year, with principals citing rising rents, salaries and inflation. The Education Bureau said 411 kindergartens, or 45 per cent of the total, applied to raise fees for the 2011-12 year. Fees at 99 kindergartens will remain unchanged, and two have applied to reduce charges.

22 Mar 2011 - 12:00am

80pc of kindergartens apply for fee increases

Nearly 80 per cent of kindergartens - 741 out of 950 - have applied to increase their school fees for the coming academic year.

Meanwhile, six have applied for a fee reduction and 163 will freeze their fees, the Education Bureau said.

21 Jul 2010 - 12:00am

Stall holders suspend protest

1 Jul 2010 - 12:00am

Dodgy schools, TV sales slammed

People should think twice before joining a course subsidised by the government's Continuing Education Fund and avoid being misled by schools into unsuitable programmes, the Consumer Council says.

The council cited the case of a mainland immigrant who knew no English other than the 26 letters of the alphabet, who sought help from the watchdog last year.

15 May 2010 - 12:00am

Truck drivers in go-slow rally against fee

About 70 drivers staged a go-slow protest in Yuen Long yesterday to urge Guangdong authorities to cancel the lump sum fee that Hong Kong trucks have been charging to cross the border since 1993. Protest leader Stanley Chiang Chi-wai said the HK$100,000 fee, payable every three years in addition to provincial road fees, was unfair since Macau drivers did not have to.

10 May 2010 - 12:00am

Kindergarten fees set to rise up to 20pc

Nearly half the city's kindergartens want to raise their fees for the next academic year, with the increases ranging from 2 per cent to 20 per cent.

The principals cite rising rents, salaries and costs as the reason.

The Education Bureau said yesterday 419 kindergartens, 46 per cent of the total, had applied to raise their fees for 2010-2011.

19 Mar 2010 - 12:00am

School adds HK$190,000 fee for pupils

Parents intending to send their children to the International Christian School are up in arms after the school announced they will have to pay a new debenture for each pupil whose value will depreciate to zero after nine years. The announcement resulted in vehement protests by parents who were only told of the fee after registering for places last year.

1 Feb 2010 - 12:00am

It's your shout

Michael Moore's new documentary film, which went on general release in the United States on Friday, argues that whatever it once was, capitalism is now the legalisation of greed.

4 Oct 2009 - 12:00am