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  • October 31, 2014
  • Last updated: 6:44pm
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  1. Magazines - Money - MPF EMPLOYEE CHOICE

    Laying the nest egg

    Posted Nov 19th 2012, 12:00am by Nicky Burridge

    ... time. We look at what the new rules mean for workers, and how they can make the most of them.   The new rules The new rules, known as the Employee Choice Arrangement, enable workers to transfer ... implementation of the Employee Choice Arrangement will give employees greater autonomy and encourage them to manage their MPF investments more actively, based on their personal needs. "The move ...


    Time to check the fine print

    Posted Nov 06th 2012, 12:00am by John Cremer

    ... concerns still linger about who gains most. The imminent arrival of the Employee Choice Arrangement (ECA), giving individuals greater control over their personal contributions, should dispel ... of their investment funds and, if necessary, revise their choices." It often happens, Tso says, that investors are unsure where their monthly deductions are going. They have forgotten which choices ...

  3. Business - Money - POINT OF LAW

    Employee choice changes the face of Hong Kong's MPF

    Posted Nov 07th 2012, 12:00am by CYNTHIA CHUNG

    ... Cynthia Chung Cynthia Chung, a partner at Deacons, discusses implications of changes to the pension scheme Employee choice changes the face of Hong Kong's MPF The long-awaited employee-choice arrangement (ECA) for Hong Kong's mandatory provident funds took effect on November 1, 2012. What happened to MPF contributions before the ECA? Since the implementation of the MPF ...

  4. Business - Comment - WHITE COLLAR

    MPF employees should wake up and choose their funds

    Posted Jul 01st 2014, 04:05am by Enoch Yiu

    ... On the face of it, the core funds come across as a good idea for this group. But a closer read of the paper reveals that not all such employees are failing to make choices on their MPF simply because ... investments are losing out. The 600,000 employees who- for whatever reason- have not have made MPF choices have a total of HK$60 billion invested into the default funds chosen by the providers. ...

  5. Business - Money - MPF REFORM

    MPF changes first step on road to reforms

    Posted Oct 31st 2012, 12:00am by Enoch Yiu

    ... The official name of the policy is the Employee Choice Arrangement but people are more familiar with "semi-free walk", because if the workers decide to change, they can transfer only ... to add a cap on fees when market competition seems to continue to drive fees down. We believe market competition after the implementation of the employee-choice arrangement may further drive ...

  6. News - Hong Kong - MEDIA

    HKTV axes 24 employees in ‘manpower arrangement’

    Posted Aug 31st 2013, 12:00am by NG KANG-CHUNG

    ... sacked 24 staff members in its latest round of "manpower arrangements". Among them were a news department cameraman and nine engineering department employees. The 10 were let go after ... had been made to minimise the number of news department employees affected by giving 14 of them internal transfers. "There are still some 40 people in the news unit. They will continue ...

  7. News - Hong Kong - DEVELOPMENT

    Government official 'preferred choice' to lead harbourfront authority

    Posted Sep 22nd 2014, 06:32am by Olga Wong

    ... choice to take the helm of the future harbourfront authority, says a source close to the public consultation on the new body that begins this week. Its chairman or vice-chairman would likely ... "Having an official leading the authority would mean waterfront projects could be pushed forward more smoothly," the source said. The arrangement would be similar to that of the existing ...

  8. News - Hong Kong - LABOUR

    Should Hong Kong’s employees have the legal right to ask for flexible working terms?

    Posted Aug 20th 2014, 12:46pm by Phila Siu

    ... could work but flexible locations would not. Since June 30, all employees in Britain have the legal right to request flexible work if they have been with the same employer for at least 26 ... with employees' requests for flexible work in a "reasonable manner". They must assess the pros and cons of each application, meet to discuss the request with the employee and offer an appeals ...

  9. Business - Comment - MONEY MATTERS

    Leung the politician needs to explain arrangement with UGL

    Posted Oct 11th 2014, 04:15am by Shirley Yam

    ... arrangement with UGL Businessmen have a very different mindset from politicians. Which is why many of them are finding it difficult to understand the criticism directed at Chief Executive Leung Chun-ying for taking HK$50 million from an Australian firm. To them, the deal is only a "skilfully crafted" arrangement by Leung the businessman, well within legal bounds. Whether ...

  10. Sport - Racing

    Choice Treasure to finally return to winner's circle

    Posted Oct 29th 2014, 01:13am by Alan Aitken

    ... Alan Aitken alan.aitken@scmp.com Choice Treasure to finally return to winner's circle A low draw and a quick backup look the key parts of the recipe for Choice Treasure to break back into the winner's list at Happy Valley tonight in the Ireland Trophy (1,200m). Wins have been scarce for Choice Treasure (Zac Purton), with just one from 25 since arriving here, but the Dennis Yip ...




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