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  • July 24, 2014
  • Last updated: 12:55pm
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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 ...

  2. 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. ...


    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 ...

  4. 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 ...

  5. 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 ...

  6. News - Hong Kong - POLITICS

    Diamond boss urges employees to oppose Occupy Central in 'humiliating' e-mail

    Posted Jul 07th 2014, 12:14pm by Adrian Wan

    ... plans a much larger sit-in in Central if the government fails to deliver a reform plan offering voters a genuine choice of candidates for the 2017 chief executive election. Professor Chan ... was sent to all employees in the Lee Heng Diamond Group, which owns about a dozen companies including MaBelle, Mabros and Falconer Jewellers. MaBelle has some 50 branches in Hong Kong. "I ...

  7. 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 ...

  8. News - Hong Kong - OCCUPY CENTRAL

    Employees from 'Big Four' accounting firms disown anti-Occupy Central ad

    Posted Jun 30th 2014, 02:01pm by Stuart Lau

    ... Employees of the so-called Big Four accounting firms have told off their bosses in public, in an advertisement rejecting the companies' joint anti-Occupy Central ad published last week. ... The ad's creators called themselves a "group of Big Four employees who love Hong Kong". Their bold move was in response to a statement issued on Friday by the city's four biggest ...

  9. Business - Comment - LAI SEE

    HKICPA's disciplinary arrangements are a joke

    Posted Jul 08th 2014, 01:33am by Howard Winn

    ... Howard Winn The long-running saga of Anthony Wu Ting-yuk and the Hong Kong Institute of Certified Public Accountants' so-called "disciplinary" function is now moving into the realm of high farce. It has been seven months since a disciplinar ...

  10. News - World - CORRUPTION

    Retired US Navy officer pleads guilty to arranging bribes for Singapore supplier

    Posted Jul 05th 2014, 12:35am by WASHPOST

    ... The Washington Post Ex-officer pleads guilty in bribe scandal A retired US Navy officer has pleaded guilty to federal charges of arranging kickbacks on behalf of an Asian defence ... investigation. According to a copy of the plea agreement filed in federal court in San Diego, Aruffo arranged an elaborate kickback scheme in Japan that defrauded the navy of between US$1 million ...




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