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MPFA blog on MPF fund fees
Mandatory Provident Fund Schemes Authority (MPFA) Chairman Dr David Wong today (2 July) wrote his latest blog post on the MPFA website, setting out the services covered by fees of the Mandatory Provident Fund (MPF). He said the MPFA is committed to driving fees down and the average Fund Expense Ratio (FER) has dropped to a record low of 1.53%.
He also mentioned that all trustees have pledged to put scheme members’ interests first by signing the Governance Charter for MPF Trustees and some fee reductions are in the pipeline.
Please click here for the MPFA blog. The blog is in Chinese only.
－Ends－
2 July 2018
