"The MPF was set up in a way that was employer based and it let 250,000 employers determine the providers in order to eliminate administrative burdens. To let all 2.4 million employees freely choose their providers and make it so they could transfer at any time would effectively change the whole structure of the MPF into an employee scheme."
Diana Chan Tong Chee-ching,
Mandatory Provident Fund Schemes Authority
via Business feed http://www.scmp.com/comment/insight-opinion/article/1074935/jakes-view-november-4-2012
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