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How Did the Mainland View MPF Intermediary Regulation?

2011-04-29
Marcus Tang

What did a mainland weekly report in 2011?

The mainland’s Money Week reported: ten years into Hong Kong’s MPF, citizens cared most about intermediary regulation and fund fees. It said Hong Kong planned to regulate MPF intermediaries’ sales conduct, while a price war saw some trustees cut fees to win clients.

What’s the lesson for workers?

Intermediary regulation and fee cuts are the trend; knowing how to compare yourself matters most — at MPF fund comparison.

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