How do you pick the right MPF trustee?
With Employee Choice landing in 2012, workers have just over a year to do homework; among 19 providers, the big five — HSBC, Manulife, AIA-JF, BOC-Prudential and Bank Consortium Trust — hold 70% of the market. BCT offers the most funds at 20, the widest range including target-date and Hang Seng Index funds — ideal for hands-off members.
What matters in comparison?
More funds isn’t better — focus on fees, coverage and track record. Compare trustees’ funds in one place and decide before Employee Choice arrives.
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