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  • November 23, 2014
  • Last updated: 9:29pm
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Results 1 - 3 of 3 for mpf

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  1. Losses on MPF funds wipe out last year's gains

    Posted Nov 21st 2008, 12:00am by Dennis Eng

    ... MPF fund invested in Hong Kong equities fell at least 30 per cent, and some close to 40 per cent, Lipper's data shows. Slumping equity markets and the global financial turmoil had hit ... a minimum of 5 per cent of their monthly earnings into their MPF account to provide for their retirement. In that time, the average annual rate of return on MPF funds has been 2.6 per cent. ...

  2. Employees could have more say on how MPF savings are managed

    Posted Oct 16th 2008, 12:00am by Dennis Eng, Paggie Leung

    ... market competition and encourage employees to take a more active interest in their MPF investments', Chief Executive Donald Tsang Yam-kuen said. Employers and employees each contribute 5 per cent of an employee's monthly salary, up to a maximum of HK$1,000, to MPF accounts. The employer chooses the MPF provider, while the employee decides in which of the provider's funds ...

  3. Parties to push for more budget relief measures

    Posted Apr 01st 2009, 12:00am by Dennis Eng

    ... for the financial year to about HK$5 billion. The MPF injection is estimated to be about HK$9 billion, payments to the Research Endowment Fund will be about HK$18 billion, while the Sichuan reconstruction ...



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