Capping mpf management fees

十月 21, 2012
Joe Chan
The Chairwoman of the Mandatory Provident Fund Schemes Authority, Anna Wu, has said she hopes MPF management fees will come down, with the launching of a new scheme allowing employees to change their trustees once a year.

Ms Wu acknowledged that management fees had dropped somewhat in the past few years, but that the extent was not satisfactory.


She said the MPFS Authority would submit a report to the government next month, on whether it’s possible to cap management fees by means of legislation.

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