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Results 1 - 10 of 16766 for mandatory provident fund schemes authority

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  1. Authority pursues four MPF claims in court for seven employees

    Posted May 19th 2005, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 6.26pm: The Mandatory Provident Fund Schemes Authority (MPFA) on Thursday pursued four claims in the Small Claims Tribunal for some $90,000 on behalf of seven ... and Vigorous Property Management did not dispute the amounts claimed. The adjudicator ordered them to pay the MPFA the sums of $26,396.50 and $18,732.00, respectively. These were mandatory ...

  2. MPFA pursues two claims worth $90,000 for eight employees

    Posted May 24th 2005, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 6.43pm: The Mandatory Provident Fund Schemes Authority (MPFA) on Tuesday pursued two claims in the Small Claims Tribunal for some $90,000 on behalf of eight ... of their monthly salaries to prepare for post-retirement financial needs. This scheme was made mandatory by the government. ...

  3. Service provider offers a multi-manager fund

    Posted Dec 15th 2005, 12:00am by Andrea Pawlyna

    ... and the Capital Preservation Fund provides a return in line with the prescribed savings rate published by the Mandatory Provident Fund Schemes Authority. Members determine their level of risk tolerance ... Andrea Pawlyna IN WHAT IS described as the first service of its kind, AXA Hong Kong is offering a multi-manager fund for the Mandatory Provident (MPF) market. Launched in January, ...

  4. Choice urged for medical plans

    Posted Aug 22nd 2005, 12:00am by Enoch Yiu

    ... Chan and Mr Huddart said tax incentives would be a better way to encourage people to buy medical insurance products. Mandatory Provident Fund Schemes Authority chairman Charles Lee Yeh-kwong ... and Food York Chow Yat-ngok has indicated one possibility would be requiring everyone to contribute more than 1 per cent of their income to a health care fund, modelled on the Mandatory Provident ...

  5. Only a politician could gush over a mandatory non-performer

    Posted Oct 07th 2005, 12:00am by Jake Van Der Kamp

    ... Frederick Ma Si-hang. Freddy was at it again on Wednesday, congratulating himself on the wonders that the Mandatory Provident Funds Authority has achieved for us all, the occasion being a talk shop ... impressive about 97 per cent compliance when contribution is mandatory and the authority is quick to prosecute for non-compliance? My guess is that in 2000 the MPFA people actually expected ...

  6. Hardly the retirement plan of choice

    Posted Aug 17th 2005, 12:00am by Simon Patkin

    ... goals and that it is somehow right to use coercion. Nurturing the idea that most people are irresponsible with their money, the Mandatory Provident Fund Authority and the MPF providers position ... was the government giving in to heavy lobbying by the finance industry, implementing the ill-fated Mandatory Provident Fund (MPF). Recent reports show returns on the MPF have been averaging a woeful 4 per ...

  7. MPFA pursues eight claims on behalf of 23 employees

    Posted Feb 23rd 2005, 12:00am by Kelly Chan

    ... KELLY CHAN Updated at 6.28pm: The Mandatory Provident Fund Schemes Authority (MPFA) on Wednesday pursued eight claims in the Small Claims Tribunal on behalf of 23 employees. The 23 were ... $43,468.10, $33,162.08 and $7,214.53, respectively. This included late mandatory contributions and surcharges, the spokesman said. Five other defendants failed to attend the hearing. They were Li Chun ...

  8. Mandatory study for doctors ruled out

    Posted Jul 28th 2005, 12:00am by Ella Lee

    ... Ella Lee Medical chief prefers monitoring system be set up to ensure quality of services Quality assurance schemes should be set up to monitor Hong Kong doctors and other health ... doctors' standards, the bureau had no immediate plan to introduce mandatory study for doctors. 'Anything meant to be mandatory will be difficult to do if there is no incentive for them to do ...

  9. Fund providers chase after itinerant employees' accrued benefits

    Posted Jun 29th 2005, 12:00am by Allan Nam

    ... been quite supportive of our efforts,' he said. About 10 per cent of AIA-JF Mandatory Provident Fund Services scheme members made voluntary contributions, Mr Crewe said. ... Reports by Allan Nam PENSION PROVIDERS WANT to expand their Mandatory Provident Fund business by attracting the accrued benefits people have amassed through changing employers. As most ...

  10. Voluntary savings mandatory to live well in old age

    Posted Dec 15th 2005, 12:00am by Chris Davis

    ... Chris Davis Hong Kong's provident scheme is not designed to be the sole source of retirement support, HSBC Insurance chief warns REACHING RETIREMENT age and discovering ... in addition to the MPF, which was not designed to be the sole source of retirement provision. Mr Choy said the MPF scheme had provided a positive wake-up call because it focused attention on the topic ...




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