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Hong Kong’s pension scheme earns higher grade, still lags behind Singapore’s

Hong Kong’s pension scheme improved its overall adequacy, sustainability and integrity over the past 12 months, rising from a C+ grade to a B – equal to schemes in some European countries but still trailing Singapore’s – according to a report released on Wednesday. The HK$15 trillion (US$192 billion) Mandatory Provident Fund (MPF) scored 70.6 points out of a ­possible 100 in the annual Mercer CFA Institute’s Global Pension Index, up from 63.9 last year. The programme now holds the third-best...


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