David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong
David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong
Business /  Banking & Finance

Hong Kong’s MPF prepares for a digital future, reforms to bring in more investment options, chairman says

  • The MPFA’s electronic platform, due to be completed in 2022, will cut down costs, increase transparency and foster competition.
  • The MPF stock funds have on average returned 4.5 per cent per year over the past 20 years, beating the inflation rate of 1.8 per cent

Topic |   Mandatory Provident Fund (MPF)
Enoch Yiu
Enoch Yiu

Updated: 8:49am, 14 Dec, 2020

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David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong
David Wong Yau-kar, chairman of the Mandatory Provident Fund Schemes Authority, says the authority will to do more to help bring fees down and provide more investment options. Photo: Winson Wong
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