Growing pains: the difficulties surrounding Hong Kong's mandatory provident fund

Article Abstract:

Hong Kong's mandatory provident fund is a noble cause but flaws might yet derail the project and prevent it from achieving its goals of providing adequate and equitable retirement income. Flaws include little use of the program for soon to be retirees, great administrative burden on business that are mostly small, regular deduction practices and policing of companies in submitting deductibles.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Pension & Benefit Regulation, Analysis, Social policy, Hong Kong, Salary reduction savings plans, 401K plans

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Retirement planning in New Zealand: much talk but little progress

Article Abstract:

An overview of the development of pension reform in New Zealand is presented. Government policies from 1990 onwards on the state provision of pensions and on employer-provided retirement plans are discussed.

Economic policy, Pension funds, Retirement planning, New Zealand

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