Hongkongers’ MPF funds should not be used to buy property, says OECD pensions chief

Singaporeans can use their pension pots to buy homes, but Pablo Antolin says Hong Kong’s MPF cannot afford such withdrawals, given the current contribution rates Head of OECD’s private pensions unit is in Hong Kong along with hundreds of pension experts to give suggestions on how to improve city’s public pension provisions Hong Kong should follow Singapore and other markets in allowing people to pay more into their Mandatory Provident Funds (MPF). But it should not allow employees to take...