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  1. Pensions poser

    Posted Nov 12th 2006, 12:00am by Staff Reporter

    ... The Mandatory Provident Fund Authority is said to be considering raising the salary cap for MPF contributions, meaning some employees and their employers would pay more into the fund. Do you agree? Tell us your views. ...

  2. Corrections & clarifications

    Posted Jul 10th 2006, 12:00am by Staff Reporter

    ... In some editions on Saturday, the report 'MPF posts annual return of 6.99pc' on Page 1 wrongly described some Mandatory Provident Fund sectoral funds' cumulative returns as average annual returns. ...

  3. Invesco broadens MPF choice for its customers

    Posted Apr 20th 2006, 12:00am by Andy Chen

    ... Andy Cheng Asset manager Invesco Hong Kong plans to widen its menu of third-party fund choices for its MPF customers now that it has switched to another MPF administrator that levies lower service charges. Invesco Hong Kong chief executive Kerry Ching said the fund manager currently held a 6 per cent share of the MPF market and aimed to lift this to 9 per cent in five years- a goal ...

  4. Key role seen for third-party MPF administrators

    Posted Jun 29th 2006, 12:00am by Chris Davis

    ... Chris Davis AS MANDATORY Provident Fund (MPF) contributions form an increasingly important part of Hong Kong's retirement planning initiatives, third-party administrators believe the services they offer can make the MPF scheme more effective and cost efficient. Third-party MPF administration includes handling employer and employee contributions, general administration services, ...

  5. Advisers call for more help in understanding scheme choice

    Posted Dec 15th 2006, 12:00am by Allan Nam

    ... and their employees need more help from MPF providers and authorities to understand the choices available and how they can make the most of out of them. 'MPF providers have been excellent in ensuring employers comply with the requirements to put in place schemes for their employees, but little has been done to help these parties use the MPF effectively,' said Stephen Gollop, chief executive ...

  6. Hunger for MPF payments

    Posted Jun 26th 2006, 12:00am by Staff Reporter

    ... of non-government workers sat in Senado Square from 1pm to 9pm. Most of the protesters, in their 40s or 50s, worked on short-term contracts for the government and had been excluded from the MPF scheme. They demanded the government make back payments of MPF contributions for the time they had worked as civil servants. Mr Coutinho said more than 6,500 civil servants were affected. ...

  7. Size matters in the city's crowded MPF arena

    Posted Oct 30th 2006, 12:00am by Enoch Yiu

    ... and international players increasingly preying on the small and local. 'Looking at the size of Hong Kong, there are still too many MPF providers,' says Larry Zimpleman, president and chief ... since Principal has been the most acquisitive of the MPF players, absorbing four of the six firms whose brands have disappeared. But even people without obvious ties to particular providers ...

  8. Equities help MPF investments earn 3.67pc

    Posted Oct 20th 2006, 12:00am by Enoch Yiu

    ... Enoch Yiu The Mandatory Provident Fund (MPF) recorded an average third-quarter return of 3.67 per cent, as Hong Kong equity investments helped lead a recovery from a 0.11 per cent loss ... in stock and bond markets worldwide,' said Kenneth Yu Yuk-wing, chief executive of life insurer and MPF provider MassMutual Asia. 'This benefited MPF investment funds as they are mainly ...

  9. Let's not fool ourselves about the big rat in our MPF cupboard

    Posted Aug 09th 2006, 12:00am by Jake Van Der Kamp

    ... not to eat. Silly notion, isn't it? I'll grant you that at one level, we have set up the MPF better than Singapore has set up its comparable Central Provident Fund. In Singapore the funds ... howler of a mistake. We decided that the crucial choice of fund manager for individual MPF accounts should be made by the employer rather than employee. The employer is meant to discuss ...

  10. MPF posts annual return of 6.99pc

    Posted Jul 08th 2006, 12:00am by Enoch Yiu

    ... indices such as the Hang Seng. The $164.61 billion MPF covers 2.2 million Hong Kong workers. On average, each employee currently has about $70,000 in their account. According to the figures released yesterday by the MPFA, most of the 367 MPF funds on offer delivered positive returns in the five years ending March 31. Forty-eight per cent of MPF assets are invested in mixed funds ...




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