As the Mandatory Provident Fund Authority rolls out a new default fund for its members, one of the chief architects of pension reform in Hong Kong prepares to retire from the regulator.
The firm is looking to pair offshore bonds with onshore securities with a view to giving Hong Kong pension savers access to the asset class, when regulations permit.
Bank Trust Consortium and its arm Asia Insurance receive reprimands and an executive is suspended in Hong Kong.
The EPF has options other than investing abroad to safeguard its investments, says Watson Wyatt.
Gloria Siu of MPF consultancy Gain Miles talks about the scheme''s future challenges.