About 80% of employers will have set up a Mandatory Provident Fund (MPF) scheme for their staff by the deadline of February 5, Raymond Tam, executive director of Mandatory Provident Fund Schemes Authority told International Pensions News.
Tam said that 20 trusted companies have already been approved to launch master trust schemes, including HSBC, Prudential, Manulife and American International Assurance. “These players all want a...
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