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- MPFA welcomes fee reduction made by ING
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MPFA welcomes fee reduction made by ING
The Mandatory Provident Fund Schemes Authority (MPFA) today (10 December 2007) welcomed the initiative made by ING Pension Trust Limited to reduce the management fees of its MPF Capital Preservation Portfolio under the ING MPF Master Trust Basic and Comprehensive Schemes to benefit its scheme members. MPFA looks forward to having MPF trustees to follow suit to lower fees of other types of MPF funds so that more scheme members can benefit.
End/ Monday, 10 December 2007
End/ Monday, 10 December 2007
