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Covid-19 shows problems of MPF offsetting mechanism

Jolie Ho
The most vulnerable are hit hardest by the pandemic under the Hong Kong Mandatory Provident Fund scheme’s offsetting mechanism, underscoring why it should be removed.
Covid-19 shows problems of MPF offsetting mechanism

The impact of the Covid-19 pandemic on Hong Kong underlines the importance of scrapping the territory’s offsetting mechanism against retirement savings as quickly as possible, argue investment industry experts.  

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