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Results 1 - 10 of 178039 for mandatory provident fund schemes authority

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  1. 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 ...

    http://www.scmp.com/news/hong-kong/article/1091657/mpf-schemes-authority-proposes-ways-cut-fees
  2. 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 ...

    http://www.scmp.com/business/money/article/1440465/mpf-returns-black-february-equities-rebound
  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 ...

    http://www.scmp.com/business/article/1138260/time-stop-bosses-dipping-their-fingers-mpf
  4. News - Hong Kong - POLICY

    John Tsang cautious over changes to mandatory provident fund scheme

    Posted May 26th 2014, 05:31am by NG KANG-CHUNG

    ... Kong's mandatory provident fund scheme should not be hastily done away with, the financial secretary says, although he concedes the system has failed to give low-paid workers and the unemployed ... should set up a HK$50 billion seed fund for a universal pension scheme instead. "In Leung Chun-ying's manifesto, he said we should … set up an elderly care fund," Leung Kwok-hung ...

    http://www.scmp.com/news/hong-kong/article/1519573/john-tsang-cautious-over-changes-mandatory-provident-fund-scheme
  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 ...

    http://www.scmp.com/news/hong-kong/article/1092361/pension-regulator-may-get-more-control-over-fees-fund-choices
  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 ...

    http://www.scmp.com/news/hong-kong/article/1097642/now-right-time-reform-mpf-savers-benefit
  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 ...

    http://www.scmp.com/comment/insight-opinion/article/1093327/hong-kong-workers-deserve-mpf-revamp
  8. 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 ...

    http://www.scmp.com/business/companies/article/1445213/scrap-mpf-offset-which-favours-bosses-unfairly
  9. Milestones of the MPF scheme

    Posted Dec 15th 2004, 12:00am by Lotte Pang

    ... Scheme Ordinance is enacted in August. 1998 The Mandatory Provident Fund Authority (MPFA) is established in September to regulate and monitor the operation of the MPF scheme. 1999 Subsidiary ... Investment Funds is published by the MPFA in July. Source: Mandatory Provident Fund Authority ...

    http://www.scmp.com/article/482156/milestones-mpf-scheme
  10. Pension scheme injection faulted

    Posted Mar 19th 2009, 12:00am by Staff Reporter

    ... over the scheme's limit. The Mandatory Provident Fund Schemes Authority has received about 20 inquiries from Hongkongers wondering if their MPF accounts have been topped up by mistake. The authority insisted yesterday that no mistaken payments had been found, but it did not rule out the possibility, as it was unable to examine all 7 million MPF accounts individually to confirm ...

    http://www.scmp.com/article/673773/pension-scheme-injection-faulted

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