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  • October 24, 2014
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  1. Comment - Insight & Opinion

    Fixing the MPF

    Posted Jan 24th 2013, 12:00am by Chua Hoi-Wai

    ... Chua Hoi-Wai Chua Hoi-wai says the high fees of the MPF service providers must be cut, and there are plenty of ways to make that happen. But will the government take the bold steps ... funds, the establishment of a default low-fee fund and a non-profit or low-profit operator. The study, as with a similar report by the Consumer Council, found that different MPF service providers ...

  2. News - Hong Kong - RETIREMENT

    Rules in place to ensure clean switch of MPF funds

    Posted Oct 10th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Pension fund watchdog says everything is in place to prevent unfair practices if workers decide to shift their funds to new providers Rules to ensure clean mpf ... The 32,000 salespeople employed by MPF providers would be encouraging people to shift to their schemes, said Alice Law Shing-mui, executive director of the Mandatory Provident Fund Schemes Authority ...

  3. Comment - Insight & Opinion

    Hong Kong workers deserve MPF revamp

    Posted Nov 29th 2012, 12:00am by SCMP Editorial

    ... SCMP Editorial Workers deserve MPF revamp Much has been said about the problems with the city's Mandatory Provident Fund scheme- low returns, high management fees, a lack ... passed since the scheme was started and it's doubtful most people will have enough funds to retire with dignity. A consultancy report released by the MPF Authority seems to have confirmed ...

  4. Business - Money - FINANCE

    MPF bounces back into profit, but fails to keep pace with Hang Seng

    Posted Jan 04th 2013, 12:00am by Enoch Yiu

    ... Retirement funds rebound from a loss in 2011 to a 12 per cent gain last year - the best return since 2009 - but fail to keep pace with stocks The Mandatory Provident Fund (MPF) enjoyed its ... a 26 per cent loss in crisis-stricken 2008, according to data provider Lipper. Last year's performance was better than the dismal MPF returns of late and much higher than the returns ...

  5. News - Hong Kong

    MPF only retirement savings for 41.5pc of Hongkongers

    Posted Nov 07th 2012, 01:27pm by Phila Siu

    ... their MPF accounts, said Professor Chou Kee-lee, the department’s associate head. The survey polled 1,005 people, aged 25-65, in August and September. It did not ask people how big their savings accounts were or if they had children to support them financially. People will struggle to live healthy lives in retirement if they rely only on their MPF account, Chou said. ...

  6. Comment - Insight & Opinion

    No connection between higher MPF fees and better returns

    Posted Oct 23rd 2012, 12:00am by Michael Edesess

    ... Michael Edesess Michael Edesess says it's misleading to suggest that higher MPF fees deliver higher returns Fund managers pulling the wool over our eyes In their responses to the proposal to cap MPF fees, MPF providers- and even some government officials- are misleading the public. One said that "rather than talking about adding a cap on fees, the authority should ask ...

  7. Comment - Letters

    Letters to the Editor, October 18, 2012

    Posted Oct 18th 2012, 12:00am by LETTERS

    ... Po   Another bad year for poor MPF fund I recently received my Mandatory Provident Fund statement and from the HK$24,000 paid in over the past year, the guaranteed fund has been able to lose ... in there and did not have to do a thing. It is about time the whole MPF became voluntary so I can put my money to work where I want. Jeffry Kuperus, Clear Water Bay ...

  8. Comment - Letters

    Letters to the Editor, October 24, 2012

    Posted Oct 24th 2012, 12:00am by LETTERS

    ... to the letter by Jeffry Kuperus ("Another bad year for poor MPF fund", October 18). I would point out that if there is a "loss" of HK$1,258 after 12 monthly Mandatory Provident Fund ...

  9. Comment - Letters

    Letters to the Editor, January 12, 2013

    Posted Jan 12th 2013, 12:00am by LETTERS

    ... Chim-ying, Tai Wai   Negativity unfair on scorned MPF I am a contributor to the Mandatory Provident Fund. I was a contributor to an Occupational Retirement Schemes Ordinance (Orso) scheme for 10 years and did not benefit from it because of its shortcomings. Before the MPF's implementation, there were basically no statutory retirement schemes for employees in the private sector. ...

  10. Comment - Letters

    Letters to the Editor, October 23, 2012

    Posted Oct 23rd 2012, 12:00am by LETTERS

    ... Tsui   Shoebox better alternative to MPF advisers Jeffry Kuperus is right to complain about the shambles (and sham) that is the Mandatory Provident Fund in Hong Kong ("Another bad year for poor MPF fund", October 18). In the 12 years or so that I have been forced by the government to sink my hard-earned money into this mandatory scheme, various MPF providers have managed ...



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