MPF is not a money-loser for members, says Tso
Philip Tso of Towers Watson debunks the misconception that the city’s pensions system is a loss-making investment, in the second edition of MPFexpress.com.
There is a misconception which needs to be corrected that Hong Kong’s Mandatory Provident Fund (MPF) scheme is a money-loser, says Philip Tso of consultancy Towers Watson.
Writing in the newly published second edition of MPFexpress.com, the quarterly magazine and website launched by Towers Watson in March, Tso contributes an article to debunk this negative view.
HK equity funds – which account for 36% of MPF investment by asset value, according to the MPF Authority (MPFA) – have…
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