Employee choice changes the face of Hong Kong's MPF

The long-awaited employee-choice arrangement (ECA) for Hong Kong's mandatory provident funds took effect on November 1, 2012.

What happened to MPF contributions before the ECA?

Since the implementation of the MPF regime in 2000, employers have been responsible for choosing the MPF scheme for their employees. Employees could only choose which investment funds to invest into within the employer's choice of MPF scheme.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1076408/employee-choice-changes-face-hong-kongs-mpf