“After introducing the eMPF and the scrapping of the offset mechanism, it is the right time to study how to implement the ‘whole-free walk’ scheme to allow employees to switch …
The findings echoed a survey by HSBC Holdings released in September last year, which found that 70 per cent of respondents expected to have to work beyond the unofficial retirement …
Not everyone will be happy about the rally. A lot of members shifted the allocation of their assets at the wrong time. Hong Kong and China stock funds, traditionally the …
“The launch of the eMPF Platform signifies the dawn of a new digital era for the MPF,” said Ayesha Macpherson Lau, chairwoman of the Mandatory Provident Fund Schemes Authority (MPFA) …
The Mandatory Provident Fund (MPF), Hong Kong’s pension-fund operator, will start its electronic platform in June, in the biggest overhaul of the city’s compulsory pension programme since it started in …
The annualised net return of the MPF since its inception in December 2000 is 2.6 per cent, according to the provisional data that regulator Mandatory Provident Fund Schemes Authority (MPFA) …
The conviction was deep that savings are more reliably nurtured by savers themselves, rather than entrusted to highly paid fund managers. Families believed fund managers had more interest in the …
“We are positive towards US equities as a core holding in the MPF portfolio,” said Ada Kung, chief investment strategist at Sun Life Asset Management (HK). “The end of the …
Here is what you need to know about eMPF. What is eMPF? EMPF is a centralised electronic platform that aims to standardise and automate the administration processes of MPF schemes. …
“Encouraging late-year inflation readings and the foreshadowing of lower US interest rates helped the MPF system achieve its first positive annual return in three years,” said Francis Chung, MPF Ratings …