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  • November 27, 2014
  • Last updated: 11:12am
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Results 1 - 4 of 4 for mpf

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  1. Funds suffer biggest losses since inception

    Posted Dec 15th 2008, 12:00am by Jason Krupp

    ... Jason Krupp MPF funds in Hong Kong have had a tough year, suffering their most significant losses since the inception of the mandatory pension scheme in December 2000, on the back of the financial turmoil in equity and bond markets. According to statistics provided by the MPF Authority, the aggregate MPF balance has dropped 16.9 per cent from HK$264.8billion in December 2007, ...

  2. Differences reflected in performance

    Posted Jul 29th 2009, 12:00am by Jason Krupp

    ... standards (20 per cent for employees and 16 per cent for employers) and are regarded as the primary retirement nest egg. Hong Kong's Mandatory Provident Fund (MPF) is based on a free-market ... are low, at 5 per cent capped at HK$2,000, reflecting the view that the MPF is only part of a total retirement savings and the government's bid to limit the costs to business. The differences ...

  3. Keep your nerve as stock markets slide

    Posted Dec 15th 2008, 12:00am by Jason Krupp

    ... investment strategies should be followed to protect MPF savings from taking further hits. The first step is not to panic, according to Lau Ka-Shi, chief executive and managing director of Bank ... average nature of the MPF system. Dollar-cost averaging involves buying a fixed amount of a particular investment on a regular schedule, regardless of unit price, allowing investors to buy more ...

  4. Industry unsure portability bill will be effective

    Posted Jul 29th 2009, 12:00am by Jason Krupp

    ... Jason Krupp The government this month passed into law a significant change to the Mandatory Provident Fund (MPF) legislation, which will give Hong Kong's pension contributors ... of mind, is a significant challenge for the retirement industry in Hong Kong. With relatively small balances and low contribution rates, people view MPF contributions as a tax deductible rather ...



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