Ageing Is Coming: Are MPF Fees Really Too High? Look at the Data

A December 2010 commentary argued that with Hong Kong’s population ageing fast and retirement needs growing, the “MPF fees are too high” debate needs data, not slogans.

How serious is ageing?

The elderly share is surging; the support ratio is sinking. Low birth rates and long lives mean a rising share of elderly and more seniors per working person — piling pressure on retirement systems.

What counts as a fair MPF fee?

Consider services, scale and international comparisons. The piece argued fee criticism should account for trustee services, Hong Kong’s small market spreading costs thin, and how fees compare elsewhere — not absolute numbers alone. That said, room for cuts is undeniable.

How can members protect themselves?

Pick low-fee funds; don’t be a sitting duck. Whatever the fair level, members should actively compare funds’ fees and performance and choose what’s right for them. Compare MPF funds’ fee levels at MPF fund comparison.