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  1. Tax breaks can boost the MPF

    Posted Nov 12th 2010, 12:00am by Andrea Li

    ... Andrea Li To tackle the demographic shift in the ageing of the population, governments around the world have jumped on the bandwagon in recent years to develop mandatory retirement planning systems. Though many, compared to the Mandatory Provident Fund, are ahead of the curve in terms of product range, regulatory sophistication and asset holding, aspects of Australia ...

  2. News - Business - FINANCE

    Australia to invest foreign currency assets of A$1.9b in Chinese bonds

    Posted Apr 25th 2013, 12:00am by Victoria Ruan

    ... Australia to buy Chinese bonds Australia's central bank plans to invest about 5 per cent of its foreign currency assets, or A$1.9 billion, in Chinese government bonds due to the growing economic and financial ties between both nations. The People's Bank of China (PBOC) has approved an initial quota for the investment, the first time that the Reserve Bank of Australia (RBA) ...

  3. News - Hong Kong - INVESTMENT

    Unions 'an option' to run MPF schemes

    Posted Nov 25th 2012, 12:00am by Gary Cheung, John Carney

    ... in running pensions in Australia. Wu, chairwoman of the Mandatory Provident Fund Schemes Authority, said involving non-governmental organisations would inject more competition into pension provision. ... MPF schemes Mandatory provident fund schemes run by non-profit organisations could be an option to drive down management fees, the head of Hong Kong's pension fund regulator says. Anna Wu ...

  4. Business - Money

    Smart Money: MPF websites you should know

    Posted Oct 22nd 2012, 12:00am by Peter Guy

    ... Peter Guy moneypost@scmp.com Useful sites for managing your Mandatory Provident Fund sfc.hk and mpfa.org.hk Despite the controversy generated by the Consumer Council about the fund fees ... approved MPF trustee and scheme. The Securities and Futures Commission and Mandatory Provident Fund Schemes Authority (the MPF regulator) have improved their websites by offering investor education ...

  5. Comment - Insight & Opinion

    No connection between higher MPF fees and better returns

    Posted Oct 23rd 2012, 12:00am by Michael Edesess

    ... Michael Edesess Michael Edesess says it's misleading to suggest that higher MPF fees deliver higher returns Fund managers pulling the wool over our eyes In their responses to the proposal to cap MPF fees, MPF providers- and even some government offic ...

  6. Property - International

    Chinese investors eye Australian office, retail assets

    Posted Oct 25th 2012, 12:34pm by John Talbot

    ... John Talbot Australia is currently on the radar for Chinese investors. Behind Hong Kong, Australia is the most popular destination for Chinese capital in the Asia-Pacific region, ... million and Underwood Marketplace in Brisbane by the Shunxin Yin Discretionary Trust for A$51 million. Australia continues to receive a disproportionate share of global capital, as the market has ...

  7. Business - Money - MPF REFORM

    Half the battle

    Posted Nov 05th 2012, 12:00am by Nicky Burridge

    ... Half the battle Hongkongers love to complain about their Mandatory Provident Fund. The government launched the plan in 2000 to address citizens' retirement needs. It implemented a fully ... the government made people's participation in the plan mandatory and, furthermore, let employers choose the MPF trust and fund manager used by employees. This resulted in bad outcomes for some. ...

  8. Modest return for MPF amid market turmoil

    Posted Jul 05th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hit by volatile global markets, the Mandatory Provident Fund posted only modest growth in the first half- and the outlook for the rest of the year is uncertain. The retirement plan, which covers 2.5 million local employees, eked out a return of 3.21 per cent in the first six months as the benchmark Hang Seng Index rose 5 per cent. But the MPF ...

  9. BOCI-Prudential offers fee cut on MPF accounts

    Posted Jun 21st 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com BOCI-Prudential is sweetening its incentives to win more new Mandatory Provident Fund clients after its initial attempt last year failed to make an impact. ... 0.49 to 4.03 per cent of assets, which is far higher than the 0.5 per cent average annual fee charged by comparable funds in Australia. The Consumer Council in 2007 criticised MPF fees as too ...

  10. Threat to MPF and Asian funds from US law

    Posted May 28th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Some of the 2.5 million Hong Kong employees covered by the Mandatory Provident Fund (MPF) may be in for a nasty shock when a new US tax law comes into effect ... Investment Funds Association and investment fund associations in India, Malaysia, Taiwan, Australia and Singapore last week joined forces to complain to US authorities about the legislation and call ...




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