What did the survey find?
A think-tank poll of 1,300+ contributors: 80% say the average 2% management fee is too high; 80% believe trustees and agents benefit most. Only 7% are satisfied with investment performance; 2.3% think MPF delivers basic retirement protection. Over half back full “free choice” of trustees.
What’s the message?
Members know little about their funds and distrust the opacity — reform can’t wait. Compare fees and performance yourself on MPF fund comparison.
Related articles
View all
Six in ten over-40s satisfied with MPF performance — but won’t manage accounts
This article is a rewrite of a report from August 2013. A 2013 Towers Watson...
HK$843.5 billion in assets, 4.8% annualised over 17 years: three takeaways from the MPFA’s year-end numbers
A buoyant stock market lifted MPF returns through the year. The MPFA...
280-times oversubscribed, white-form odds of 87 to 1: the numbers behind Hong Kong’s youth housing crisis
A youth housing opinion survey put it bluntly: 89 per cent of young people...