Manulife cuts MPF fees

Jul 5, 2009

The firm says cutting fees is its way of helping MPF members; on the flipside it hopes this will encourage long-term investing.

Manulife has cut the management fee for all of its mandatory provident fund (MPF) portfolios under the Manulife Global Select and Manu-Lifestyle schemes. The firm says this is its way of helping alleviate the burden on MPF members of the current challenging conditions and to add value to their retirement benefits.

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