Hong Kong workers have long complained that they are paying unnecessarily high fees and charges on their Mandatory Provident Fund savings.Thursday, 24 January, 2013, 2:40am
The whole point about the Mandatory Provident Fund scandal is that the MPF never at any time relied on market forces to set fee levels.29 Nov 2012 - 4:53am 3 comments
Operators of MPF pension schemes could be asked to slash administrative fees for all their funds, under reforms proposed by the pension regulator on Monday.26 Nov 2012 - 9:10pm
Free ice cream, smartphone software applications and reduced fees are weapons the city's 19 Mandatory Provident Fund providers are using to lure HK$257.5 billion in workers' pension contributions.1 Nov 2012 - 4:48am
Hongkongers should guard against unscrupulous sales practices under the new scheme that allows people to choose their Mandatory Provident Fund service provider, a legislator warns.
Accountancy sector representative Kenneth Leung Kai-cheong said people needed to be on their guard as about 30,000 MPF agents tried to attract business under the new arrangement.1 Nov 2012 - 4:48am
Sunday, Apple Daily
Shenzhen retailers keep yuan low to draw HK customers27 Oct 2012 - 3:14am
The regulator of the Mandatory Provident Fund scheme is warning of problems if the government steps in to administer workers' retirement savings.21 Oct 2012 - 4:19am 2 comments
"Hong Kong is a free market. However, if free market competition pressure cannot bring fees down we have to consider adding a cap."
Diana Chan Tong Chee-ching, MPF Schemes Authority, SCMP, October 1921 Oct 2012 - 1:39am 3 comments