internet to be integral part of fund

Article Abstract:

Christopher Reddy, marketing director at Principal Insurance Co said Hong Kong can follow Canada and U.S to adopt Internet application in Mandatory Provident Fund (MPF). The pension providers in overseas already offer product information, company news and past fund performance etc on the net. The use of Internet can extend to interactive applications in which policy holders can enjoy 1) Direct contact with MPF's account managers via e-mail. 2) Check their contribution accounts. 3) Change pension investment plans. 4) Download balance statements and forms. *

Comment:

Hong K: Can follow Canada & US to adopt Internet application in Mandatory Provident Fund, says mktg dir at Principal Insurance

Marketing procedures, Hong Kong, Article

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Fair shares for all in Bolivian capitalisation

Article Abstract:

Bolivia's 'collective capitalisation fund,' for which the government has called for an international tender to choose two private pension fund administrators to act as managers, is expected to contain around $1.4 billion. However, this could rise considerably if a successful capitalisation of state oil and gas concern YPFB can be achieved. The pension fund administrators will be responsible for administering an annual 'old-age relief' payment to Bolivians aged 65 or over.

Pension, health, and welfare funds, Bolivia

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Planning for your pension

Article Abstract:

The Swiss pension fund market is one of the 10 largest in the world. The total segregated pension asset in Switzerland in 1995 was $280,000 million and is expected to grow to $501,000 million by 2000. The total private pension asset in 1995 was $192,000 million and is expected to increase to $333,000 million by 2000. The two basic types of Swiss privately-funded pension funds are the defined benefit and defined contribution or fixed contribution.

United States, Strategy & planning, Economic aspects, Switzerland

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