More than 60 per cent of funds at HSBC already charge low fees as defined by the Mandatory Provident Fund Schemes Authority. Photo: Bloomberg

Mandatory Provident Fund fee cuts at HSBC to spark reductions in city and increase savings

Hong Kong’s compulsory pension scheme covers 2.8 million people and manages US$100b in pension assets

Topic |   HSBC

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More than 60 per cent of funds at HSBC already charge low fees as defined by the Mandatory Provident Fund Schemes Authority. Photo: Bloomberg
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