Hong Kong retirement schemes group seeks rebirth

The HKRSA lost its voice during the critical period of the establishment of Hong KongÆs MPF. Now it is trying to reassert plan sponsorsÆ voice.

Players in Hong Kong's retirement funds industry are trying to revitalize an industry association that has been criticized for lacking teeth and direction. Although the Hong Kong Retirement Scheme Association HKRSA tried to raise key issues during the establishment of the Mandatory Provident Fund MPF programme, investment pros say it failed to get a coherent message across to the government.

This so damaged the association's credibility that frustrated MPF service providers tried setting up a new trade group to represent...

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