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  • November 28, 2014
  • Last updated: 4:51pm
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Results 1 - 6 of 6 for mpf

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  1. News - Hong Kong - MPF

    New proposal to allow terminal patients to withdraw MPF funds- only one year before death

    Posted Oct 07th 2014, 06:17pm by SHIRLEY ZHAO

    ... Shiley Zhao shirley.zhao@scmp.com Terminally ill 'should get MPF cash earlier' Dying people should be able to withdraw their Mandatory Provident Fund savings more than 12 months before their projected death, the government has been told. Proposed changes to the MPF ordinance would allow terminally ill people to withdraw their money upon providing medical documents ...

  2. Business - Money - MPF

    MPF scheme losses top 3pc for last month amid share sell-off

    Posted Oct 06th 2014, 04:39pm by Jeanny Yu

    ... month, but fared better than the benchmark Hang Seng Index as the city’s protest movement triggered a stock sell-off. September’s decline posted by the 447 investment funds under the MPF ... The Hang Seng Index plunged 7.31 per cent in September. With the returns on MPF funds far below the growth in inflation, Hong Kong residents have seen their retirement savings shrink. Inflation ...

  3. News - Hong Kong - MPF

    Reduce service fees on MPF products, watchdog urges

    Posted Oct 17th 2012, 01:33pm by Stuart Lau

    ... the increased use of electronic services, which has effectively lowered administrative costs, it is time service providers consider lowering the costs they charge for MPF products,” said Consumer ... their high charges and poor returns on investments. The report said the management fees of some MPF are 26 times higher than others. Lau said one idea to consider is linking administrative charges ...

  4. Business - Money - MPF

    MPF funds: a chooser's guide

    Posted Nov 26th 2012, 12:00am by Nicky Burridge

    ... Nicky Burridge moneypost@scmp.com Making the right MPF choices is even harder if you don't know the jargon. Nicky Burridge offers a guide for novices Coming to terms New rules enabling members of Hong Kong's Mandatory Provident Fund (MPF) to transfer their contributions to a provider of their choice have increased the range of funds. But with more than 460 from ...

  5. News - Hong Kong - MPF

    Poor bond market to blame for tepid MPF, says Professional Commons

    Posted Oct 29th 2012, 12:00am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Many funds in the red because investors are forced to turn to risky stocks, says think-tank Poor bond market blamed for MPF losses Mandatory Provident Fund ... Commons' report released yesterday said heavy reliance on stock investments was risky due to market volatility in recent years. Nearly half of the MPF investments are in the red. The Consumer ...

  6. Business - Money - MPF

    Complaints over fees and poor MPF service

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

    ... to the liberalisation with ambivalence. People definitely want the freedom to move and, in particular, to push back on perceived poor service from their current MPF providers. But investors also complain ... (employer-selected) fund providers. In October, the Consumer Council highlighted MPF fund providers' high fees and low returns. "I will definitely shift my provider, as the service is so poor," ...



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