Hong Kong: AXA and Principal in partnership to offer retirement solutions
    
        
            
                
            Source: Asia Insurance Review | Dec 2014
         
     
    
    
    
    
    
    
    
    AXA and the Principal Financial Group have entered into an agreement for The Principal to acquire AXA's Mandatory Provident Fund (MPF) and Occupational Retirement Schemes Ordinance (ORSO) businesses in Hong Kong for HK$2.6 billion (US$335 million).
    
    
    
    
    
	
        
		
        
            
                
				
					
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