• Tuesday
  • September 16, 2014
  • Last updated: 4:16pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 8 of 8 for mpf

Search results

  1. Membership disappointed over delays to scheme

    Posted Jan 18th 2011, 12:00am by Staff Reporter

    ... conducted by Convoy Financial Services, shows that more than 80 per cent of respondents support the launch of the MPF Scheme's Employee Choice Arrangement at the earliest possible opportunity and want to exercise their rights upon that launch. The survey also reveals that half of those interviewed are not clear about the details of the MPF preserved account in their name, and half ...

  2. MPF average returns 27.3pc since launch

    Posted Jan 08th 2010, 12:00am by Enoch Yiu

    ... different risk and performance targets,' said Mark Konyn, the chief executive of RCM Asia Pacific. 'Despite the rather volatile conditions at different times since the MPF was introduced, ... investors will need to consider their strategies carefully within the MPF system.' The MPF, which covers 2.5 million employees with combined pension assets of more than HK$300 billion, ...

  3. Worker contributions outstrip target

    Posted Aug 01st 2005, 12:00am by Enoch Yiu

    ... (MPF) have reached $24 billion a year. When the scheme began in 2000, it was expected to draw $10 billion a year, according to Mandatory Provident Fund Schemes Authority chairman Charles Lee Yeh-kwong. 'The high compliance rate has led to the funds growing rapidly. At present, 2.18 million employees are covered by the MPF, representing 96.7 per cent of relevant employees,' Mr ...

  4. Fund providers chase after itinerant employees' accrued benefits

    Posted Jun 29th 2005, 12:00am by Allan Nam

    ... people are aware, the MPF does not allow scheme members to choose which pension provider they entrust their contributions to- that decision is made by employers. However, when MPF members quit or switch jobs, the accumulated MPF contributions and returns from their prior jobs, known as accrued benefits, can be transferred to a preserved account with any MPF trust scheme they choose. Many ...

  5. Emphasis must be on strategy and thinking long term

    Posted Jul 29th 2008, 12:00am by John Cremer

    ... John Cremer One message about the Mandatory Provident Fund (MPF) that scheme providers and financial advisers have consistently sought to hammer home is the need to think long term. ... of making regular MPF contributions and looking to more distant time horizons in accumulating a nest egg for retirement, the emphasis in terms of education and awareness is understandably beginning ...

  6. Initiatives reduce employee turnover

    Posted Aug 16th 2008, 12:00am by Remo Notarianni

    ... to this expansion but it is also ready to grasp opportunities brought on by the Mandatory Provident Fund (MPF) employee choice scheme that enables staff to decide which fund in which to place its contributions, especially if the boss's choice is not reaping expected rewards. 'Investment products are driving the company, but of growing importance is MPF. It is a really exciting market ...

  7. Liquidator closes more U-Right stores

    Posted Oct 11th 2008, 12:00am by Celine Sun

    ... but commission on sales and MPF contributions for last month and this month had not been paid. The CTU plans to hold a job fair for U-Right employees at a social centre in Yau Ma Tei on October 23. ...

  8. Legal eagle rises to the challenge

    Posted Feb 05th 2005, 12:00am by Staff Reporter

    ... the Mandatory Provident Fund (MPF) scheme and anti-discrimination ordinances. The new legislation created opportunities for young solicitors such as Ms Chung, who came to Hong Kong fresh from her ... involve human resources, employment, pensions, MPF and so on. And there is increasingly more work.' Ms Chung spends her working days handling documents and in meetings and on the phone ...



SCMP.com Account