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  • October 26, 2014
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  1. MPF fees may fall as workers make the switch

    Posted May 25th 2012, 12:00am

    ... and savings from managing bigger funds will reduce MPF fees, industry representatives say. Even if there are no gains in administrative efficiency, total MPF fees could drop to 1.18 per cent ... Association. The Consumer Council in 2007 criticised MPF fees as too high, saying they would eat up a big chunk of an employee's retirement funds by the time they are allowed to use them. ...

  2. MPF scheme is assault on property rights

    Posted Jul 17th 2004, 12:00am by Staff Reporter

    ... The poor return on the Mandatory Provident Fund reported by your newspaper (July 15) is not the main fault of this scheme. Rather, the MPF represents a destructive philosophical assault ... any comparisons between the MPF and proposals for both a sales tax and a medical savings fund are entirely justified. They all represent an attack on the right to property, independent thought ...

  3. Events

    Posted Jun 02nd 2011, 12:00am

    ... Today: British Chamber of Commerce lunch: 'Purchasing property in the UK: Practical and tax considerations'. British Consulate-General. Hong Kong Retirement Schemes Association and Actuarial Society of Hong Kong lunch: 'The MPF and retirement protection in Hong Kong- where to from here?' Hong Kong Club. Tomorrow: British Chamber of Commerce breakfast: 'A charter ...

  4. Taifook sees jump in mainland clients

    Posted Jul 24th 2007, 12:00am by Enoch Yiu

    ... it to step into a new business area and boost its assets under management to HK$1.2 billion from HK$500 million at the end of last year. 'Through selling more MPF and mutual funds, we aim ... also aims to capture voluntary contributions of the MPF business and two million preserve accounts, which are used when employees change jobs without switching MPF providers. Taifook also wants ...

  5. Events Diary

    Posted Mar 17th 2006, 12:00am by Staff Reporter

    ... Today, HK: Asia Society luncheon: 'Constructive global engagement: Fostering deliberation and mutual respect'. JW Marriott Hotel. British Chamber of Commerce breakfast: 'MPF is more important than you might think'. Hong Kong Club. Hong Kong General Chamber of Commerce seminar: 'Management of municipal solid waste'. Tomorrow, Mumbai: Asia Society's ...

  6. In Brief

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... so much in the current financial climate while Beijing was still flush with cash. MPF cash injections approved Workers earning HK$10,000 a month or below will receive an injection of HK$6,000 into their MPF accounts in March and April, after lawmakers approved the initiative at a Finance Committee meeting yesterday. The HK$9 billion scheme was announced in last year's budget. However, ...

  7. Events

    Posted May 31st 2011, 12:00am

    ... and Actuarial Society of Hong Kong lunch: 'The MPF and retirement protection in Hong Kong - where to from here?' Hong Kong Club. Friday, June 3: British Chamber of Commerce breakfast: 'A ...

  8. Letters

    Posted Oct 30th 2010, 12:00am by Staff Reporter

    ... Investors can do more to make MPF work I welcome Tom Holland's attack in Monitor on the confiscatory effect of our Mandatory Provident Fund charges ('How you can make an extra HK$1 million from your MPF', October 19). Both Holland and Jake van der Kamp assume that the MPF's reported annual return of 3.4 per cent would be improved if the investors were ...

  9. Events

    Posted Jun 01st 2011, 12:00am

    ... considerations'. British Consulate-General. Hong Kong Retirement Schemes Association and Actuarial Society of Hong Kong lunch: 'The MPF and retirement protection in Hong Kong- where to from ...

  10. Letters

    Posted May 01st 2012, 12:00am

    ... example as an employer in the way it pays its Mandatory Provident Fund (MPF) contributions to many employees. An employee is offered a 15-per-cent performance-based gratuity on completing a contract. If they join the MPF, they are paid a 12-per-cent performance-based gratuity. The government uses the additional 3 per cent as its contribution to the employee's MPF scheme. While ...




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