MPF's next step, part 2

Employee Choice Arrangement (ECA) is more than a technical change to Hong Kong’s Mandatory Provident Fund system. It is an opportunity to turn MPF into a vibrant, meaningful industry, akin to the superannuation funds business in Australia. To make that happen, however, requires a turnaround in MPF’s reputation. That begins with ensuring choices are made wisely. Philip Tso, director of investment for Hong Kong at Towers Watson, says MPF needs to be promoted in a more positive lig…