With property prices rising, down payments have become a burden for homebuyers. Two in five Hong Kong respondents said buying a home or paying a mortgage was derailing their effort to save money, as were paying for children's education, pay cuts and the economic downturn.Thursday, 21 February, 2013, 6:07am
New rules enabling members of Hong Kong's Mandatory Provident Fund (MPF) to transfer their contributions to a provider of their choice have increased the range of funds.
But with more than 460 from which to choose, you could be forgiven for feeling overwhelmed. Matters are not helped by jargon used to describe the funds.26 Nov 2012 - 2:17am
Thinking about changing your MPF plan? The recently implemented portability scheme gives you some freedom to move. And, as you search through fund data, you will notice there is much to choose from. Funds can vary greatly in terms of their returns, fees and risks.12 Nov 2012 - 10:56am