HK pension eyes Australia performance model after eMPF launch

Hong Kong’s public pension regulator looks to draw lessons from Australia’s superannuation system on investment performance monitoring after launching a digital platform that paves the way for future reforms. This includes potentially expanding permissible investments and adopting a practical “value for money” framework to track financial returns for the city’s 4.75 million retirement scheme members.   “Australia is pioneering with its performance monitoring mechanism. A lot of …