Hong Kong fund should cap fees and increase contributions - Mercer

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HONG KONG - Hong Kong should limit fees for the city's mandatory pension fund and encourage workers and companies to increase contributions, Mercer says.

More than two million workers pay an average 2% of their contributions as annual fees in the Mandatory Provident Fund, which holds more than HK$300bn ($39bn) of savings. This compares with 0.8% in ...

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