Hong Kong industry groups unite over MPF issues
Service providers hope by presenting the government with one face, they can more effectively shape changes to retirement asset regulations.
Today (Wednesday), the Retirement Schemes Industry Group (RSIG) announced itself to the media. It is a cross-association forum created by the Hong Kong Federation of Insurers, the Hong Kong Investment Funds Association and the Hong Kong Trustees Association aimed to consult the government on the long-term development of the retirement fund industry. The launch of Hong Kong’s Mandatory Provident Fund (MPF) scheme has been a great success, with higher-than-expected sign-up rates among e…
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