Illustrate with Mandatory Provident Fund scheme

.Illustrate with Mandatory Provident Fund scheme to explain it would be a defined contribution pension plan?

2.Assume you are a personal financial planner what would you suggest if a discrepancy in the client’s expectation of his projected retirement income and actual level of retirement income at the age of retirement?

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3.Using the FOUR stages of economic cycle, explain how the level of employment and production would be affected?

4.Using the Five-pillar Framework, discuss the retirement protection in Hong Kong?

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