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  • November 28, 2014
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Results 1 - 10 of 10 for mandatory provident fund schemes authority

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  1. Financial sector knows keeping up with the pace is vital

    Posted Mar 05th 2005, 12:00am by Chris Davis

    ... Mandatory Provident Fund advanced training and an Executive MBA programme co-organised with Lingnan University. Insurance professionals can obtain continuous professional development credits from the Mandatory Provident Fund Schemes Authority. In a commitment to upgrading standards continuously, Hong Kong insurance agents are required to accumulate a minimum of 30 credits each year to keep ...

  2. HK's retirement scheme flourishes

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

    ... of the market. The Mandatory Provident Fund Schemes Authority (MPFA) has approved 334 constituent funds and 280 pooled funds for investment. When the MPF scheme was launched, there were only a few dozen. ... funded mandatory contribution scheme; and a voluntary personal savings and insurance system to provide further protection for people in their old age. 'The MPF system has enhanced ...

  3. Compliance moves centre stage

    Posted Jan 14th 2006, 12:00am by Chris Davis

    ... of external contact for compliance teams are the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. Mr Au ... jurisdictions. They also have to ensure that compliance practices are consistent with company policies. Compliance officers may also be called on by companies to provide internal training relevant ...

  4. Room for change as investors gain interest

    Posted Dec 15th 2004, 12:00am by Chris Davis

    ... by the Mandatory Provident Fund Authority (MPFA) are generally stricter than those governing Security and Futures Commission licensed retail funds. BCT managing director and chief executive Lau Ka-shi said ... the launch of the Mandatory Provident Fund (MPF) there is growing evidence that contributors may invest more of their salaries as a safeguard for their future. The Bank Consortium Trust (BCT) ...

  5. Manulife offers lifestyle portfolio to boost choices

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

    ... Chris Davis FROM A STANDING start five years ago, the MPF scheme now hosts assets of about $140 billion under the management of trustee companies approved by the Mandatory Provident Fund ... included options for sophisticated investors that encompassed regional, country or bond funds. The company provides five lifestyle portfolios for hassle-free investing tailored to different risk ...

  6. Education spurs employees to contribute more

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

    ... are independent of BCT. They are selected through a rigorous selection process and need to comply with all the Mandatory Provident Fund Authority requirements, standards and guidelines. They also need ... providers, believes that education and regular contact with MPF members is the key to helping them understand the benefits of the scheme and encouraging them to make additional voluntary ...

  7. 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 ...

  8. Lagging behind

    Posted Jul 12th 2010, 12:00am by Chris Davis

    ... In an attempt to improve MPF contributor awareness, the MPF Schemes Authority provides online education and organises events such as MPF Investment Day. MPF service providers also organise seminars ... Surveys conducted by various groups, including MPF scheme providers, consistently reveal that Hong Kong's working population significantly lags behind other mature markets in terms ...

  9. Goals and risk levels are vital

    Posted Nov 07th 2009, 12:00am by Chris Davis

    ... Commission, insurance intermediaries by the Insurance Authority, and Mandatory Provident Fund advisers by the Mandatory Provident Fund Authority. Financial planners may also hold professional ... should never be about a particular bond, stock or exchange-traded fund, but a portfolio should include a range of investments tailored to the investor's risk appetite, lifestyle aspirations ...

  10. AIA-JF venture focuses on education

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

    ... Chris Davis The provider helps members see beyond short-term obstacles that may arise because of contributions WITH 14 FUND choices geared to suit the risk appetites and return expectations of its MPF members, AIA-JF Mandatory Provident Fund Services aims to provide a platform of varying investment structures to match age profiles and investment needs. 'Primary research ...



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