Hong Kong’s Mandatory Provident Fund languishes among the bottom three such schemes globally. Photo: AFP

Hongkongers must save 12 times their annual salary to afford pre-retirement lifestyles at 65, says Fidelity

  • Employees must save an additional 20 per cent of annual income on top of MPF contribution, says pensions provider
  • Adopt a diversified portfolio and change composition according to employee’s age
Topic |   Mandatory Provident Fund (MPF)

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Hong Kong’s Mandatory Provident Fund languishes among the bottom three such schemes globally. Photo: AFP
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