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Not too many employees have transferred their MPF contributions to a MPF trustee and scheme of their own choice since the MPF semi-portability was launched in November last year, as the procedures are considered too complicated. The Centre’s weekly analysis examines the impact of the new arrangement on the MPF market, and compares the expenses and rates of return of different funds, with a view to changing people’s mindset and encouraging them to better manage their MPF assets for better retirement protection.
The full version of the commentary is in Chinese only.