Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee
Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee

‘Milestone’ reform for Hong Kong’s MPF aimed at reducing handling fee

Fund authority claims the change will bring down average fee of all schemes to below 1 per cent

Topic |   Mandatory Provident Fund (MPF)
Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee
Hong Kong’s compulsory MPF covers the city’s 2.5 million ­employees. Photo: Dickson Lee
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