BCT Group, a prominent Mandatory Provident Fund (MPF) service provider in Hong Kong, expects to reduce fees by 2025 with the implementation of the eMPF platform. This centralised system, set to fully operate by 2025, aims to streamline MPF administration processes and will be adopted by BCT in the first quarter of that year. Currently, BCT holds a competitive position with the second-lowest fund expense ratio in the industry at 1.33%. BCT also forecasts improved returns for MPF investors in stocks and bonds next year, suggesting a gradual increase in equity holdings, especially in U.S. and Japanese markets. However, it advises a more cautious stance on China and Hong Kong stocks, recommending investors wait for clearer economic recovery signs.
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