MPF Through Young Eyes: Full of Holes?

How does the young generation see MPF?

A secondary student writes: eleven years on, MPF is riddled with holes — ~2% fees far above developed markets, just 5.5% ten-year returns after fees, fund houses the biggest winners; low contribution caps leave the young far short at retirement. A system built to offload burden pushes eldercare onto citizens.

How can the young break through?

Criticism is fair, but opting out isn’t an option — so max the system: low-fee funds, voluntary top-ups. Compare funds’ ten-year returns and fees and let knowledge offset design flaws.