Hong Kong's MPF reform push could have side-effects

The ambition of Hong Kong’s pension funds oversight body to enhance members’ investment return by introducing more products and lowering administration fees is being welcomed by pension professionals. But they caution that the reforms could have a limited impact on long-term returns and raise the risks of members making poor investing decisions. They warn that far more investment education needs to be done with MPF members, particularly about the risks of high frequency portfolio …