If we take the top rate of 17%, any money in TVC up to the 60k cap is now at 20% more value but subjected to the lockup.
The HSBC bonus mentioned is interesting, but besides the HK tracker fund, I don’t remember any possible index exposure to say, foreign markets. If that additional exposure costs another 150 basis points for the closet index funds provided, then excluding bonuses would breakeven be around 12-13 years?
I may have missed or forgotten any earlier commentary on the implications of MPF withdrawal on right to abode for PRs. Do you surrender that as well, or is there no effect? Thank you.