What did a 2010 scholar say about preserved accounts?
2010 MPFA figures showed preserved accounts up 280,000 in nine months to 3.5 million; HKBU’s Ng Pak-hung said scattering accounts isn’t necessarily bad in a rising market — it spreads risk. Job-hopping created “orphan accounts”, and the MPFA urged regular consolidation.
How should different ages invest?
With inflation expected to rise, conservative funds would lag; near-retirees could shift to medium-risk mixed funds, while young workers could go aggressive on equities.
How to manage multiple accounts?
Review each account’s portfolio regularly; compare funds at MPF fund comparison and consolidate into strong performers.
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