Panellists cite concerns over MPF plans

Proposed changes to Hong Kong's Mandatory Provident Fund (MPF) scheme sparked debate at a conference this week.  One issue concerned the full portability of assets to different schemes, as proposed by the MPF Authority. This would pose risks, argued panellists at a forum hosted by the Hong Kong Investment Funds Association. Presently, employees can transfer their own contributions, but not their employer’s, to a fund provider of their choice outside of the schemes chosen by thei…