• Saturday
  • April 19, 2014
  • Last updated: 3:39pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 170891 for mandatory provident fund schemes authority

Related topics matching your search

Search results

  1. Business - Money - FUNDS

    MPF returns to black in February on equities rebound

    Posted Mar 05th 2014, 01:38am by Enoch Yiu

    ... and bonds, according to data from the Mandatory Provident Fund Schemes Authority. ... Encoh Yiu enoch.yiu@scmp.com Hong Kong pension fund reports 2.25pc average return last month after 2.43pc loss in January MPF returns to black on equities rebound The city's Mandatory ...

  2. News - Hong Kong - PENSIONS

    MPF Schemes Authority proposes ways to cut fees

    Posted Nov 27th 2012, 12:00am by Colleen Lee, Enoch Yiu, Gary Cheung, NG KANG-CHUNG

    ... returns on their pension-fund investments under proposals put forward by the Mandatory Provident Fund Schemes Authority which, if adopted, could see fund management fees cut by as much as HK$1.2 ... management fees for MPF funds. The authority said Hong Kong could emulate countries that rely more on electronic methods to settle payments and process data, and consolidate personal accounts. Among ...

  3. Business - Comment - WHITE COLLAR

    Time to stop bosses dipping their fingers into the MPF

    Posted Jan 29th 2013, 12:00am by Enoch Yiu

    ... and the Treasury, Chan Ka-keung, said that the Mandatory Provident Fund Schemes Authority would study over the next three years how to let workers shift all contributions, including those by their employer, ... given a timetable for allowing employees to have complete control of their Mandatory Provident Fund investment. But the reform has still not gone far enough. Bosses can still dip ...

  4. Business - Companies - WHITE COLLAR

    Scrap the MPF offset, which favours bosses unfairly

    Posted Mar 10th 2014, 02:13pm by Enoch Yiu

    ... Provident Fund Schemes Authority figures showed employers took HK$20.71 billion out of the MPF to pay long-service and severance fees since the launch of the scheme until June 2013. This represents ... will debate the controversial mechanism under which a firm can use the employer's portion of contributions to the Mandatory Provident Fund to offset the severance or long-service fee when ...

  5. News - Hong Kong - PENSIONS

    Pension regulator may get more control over fees, fund choices

    Posted Nov 28th 2012, 12:00am by Enoch Yiu

    ... and number of fund choices under the Mandatory Provident Fund Schemes. Secretary for Financial Services and the Treasury Professor Chan Ka-keung said the government would give the Mandatory Provident Fund Schemes Authority a greater say on the fee levels employees pay. More than 2.4 million employees are required to pay a monthly sum towards their retirement into the MPF schemes, which ...

  6. News - Hong Kong

    Is now the right time to reform MPF for savers' benefit?

    Posted Dec 05th 2012, 12:00am by Phila Siu

    ... that the MPF can be reformed to fulfil its original goal of providing for the city's ageing population. But what kind of reforms would make the scheme work? The Mandatory Provident Fund Schemes ... scheme. Authority chairwoman Anna Wu Hung-yuk said such an approach would provide an alternative to the private scheme providers that now run MPF funds. Speaking as she announced the report's ...

  7. Comment - Insight & Opinion

    Hong Kong workers deserve MPF revamp

    Posted Nov 29th 2012, 12:00am by SCMP Editorial

    ... SCMP Editorial Workers deserve MPF revamp Much has been said about the problems with the city's Mandatory Provident Fund scheme- low returns, high management fees, a lack ... passed since the scheme was started and it's doubtful most people will have enough funds to retire with dignity. A consultancy report released by the MPF Authority seems to have confirmed ...

  8. News - Hong Kong - RETIREMENT

    Bosses 'using workers' MPF accounts like piggy banks', say unionists

    Posted Jan 06th 2014, 04:02am by Ernest Kao

    ... contribution to Mandatory Provident Fund accounts. They want Chief Executive Leung Chun-ying to announce a ban or limit on the practice in his policy address next week. "The offsetting arrangement ... Ernest Kao ernest.kao@scmp.com Labour group urges C.Y. Leung to take action against 'offsetting' of retirement contributions to fund workers' severance payments Unionists: ...

  9. Business - Money - INVESTMENT

    Retirement funds outshine HSI but challenges ahead

    Posted Jan 06th 2014, 11:45am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Japanese and US equity funds lead with returns of more than 30pc while bond funds fare poorly Retirement funds outshine HSI but challenges ahead Returns of the 456 investment funds under the Mandatory Provident Fund grew 8.09 per cent last year, according to data provider Lipper. Although that fell short of the retirement funds' 12.07 per cent ...

  10. Business - Money - FUNDS

    MPF returns of 1.18 pc slowest in three months, trailing HSI's 3pc

    Posted Dec 04th 2013, 05:27am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com MPF schemes show slowest growth in three months Investment funds in the Mandatory Provident Fund scheme, which covers 2.4 million employees in the city, ... month while the Hang Seng Index rose 3 per cent, data provider Lipper reported. The funds grew 2.13 per cent in October and 4.18 per cent in September. For the first 11 months of this year, ...




SCMP.com Account