As Hong Kong introduces employee choice to its Mandatory Provident Fund system, ensuring such choices are wise poses a big challenge.
Employee Choice Arrangement offers Hong Kongers a new right over how their pension assets are invested.
Philip Tso of Towers Watson discusses the forthcoming Employee Choice Arrangement changes to Hong Kong’s Mandatory Provident Fund regime.
Distributors in Hong Kong say it will take several years before the government’s proposed Employee Choice Arrangement will have any impact on market share.
Hong Kong MPF members probably won't do much switching of schemes when the employee choice arrangement first comes in next year, says Ka Shi Lau of BCT.