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MPF market tipped for shake-out as cost pressures bite

Richard Newell
Managers and service providers in Hong Kong's pensions market are struggling to cut costs as new rules on fees weigh down on them, industry players say. Up to a third of MPF providers face closure or consolidation.
MPF market tipped for shake-out as cost pressures bite

Up to a third of Hong Kong’s MPF providers could close or merge with rivals as a result of narrowing margins and government pressure to reduce fees, say industry players.

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