Hong Kong’s eMPF could save US$6.5 billion for members in 10 years, regulator says

Hong Kong’s eMPF could save US$6.5 billion for members in 10 years, regulator says

The 4.75 million members of Hong Kong’s Mandatory Provident Fund (MPF) could save up to HK$50 billion (US$6.4 billion) in fees over a 10-year period after its electronic platform’s full implementation next year, according to the city’s retirement schemes regulator. The Mandatory Provident Fund Schemes Authority (MPFA) revised its original estimate made a few years…

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