Mandatory Provident Fund Schemes Authority

Is now the right time to reform MPF for savers' benefit?

Illustration: Lau Ka-kuen

It was only after more than three decades of heated debate that the government launched the Mandatory Provident Funds in 2000.

Wednesday, 5 December, 2012, 3:54am

Pension regulator may get more control over fees, fund choices

Secretary for Financial Services and the Treasury Professor Chan Ka-keung. Photo: Nora Tam

The government plans to seek a change in the law to give the pensions regulator more control over the fees and number of fund choices under the Mandatory Provident Fund Schemes.

28 Nov 2012 - 3:40am 1 comment

MPF Schemes Authority proposes ways to cut fees

MPF Schemes Authority proposes ways to cut fees

Hongkongers can hope for better returns on their pension-fund investments under proposals put forward by the Mandatory Provident Fund Schemes Authority which, if adopted, could see fund management fees cut by as much as HK$1.2 billion a year.

27 Nov 2012 - 3:25am

Give workers full control over MPF money, lawmakers urge

Legislators have urged the government to give employees full control over their MPF contributions.

9 Apr 2008 - 12:00am

Investors turn to equities

With the US economy slowing down, mandatory provident fund providers believe that Europe and China markets should be areas of focus among retail investors. As a result, several MPF providers have launched funds that invest in European and Chinese equities market.

13 Dec 2007 - 12:00am

Exco man named to head MPF authority

Executive councillor Henry Fan Hung-ling has been appointed chairman of the Mandatory Provident Fund Schemes Authority, putting paid to speculation he would become a government minister in July.

He takes over from fellow councillor Charles Lee Yeh-kwong next month and will serve for two years.

7 Feb 2007 - 12:00am

MPF team supports right to prosecute

Plans to give the Mandatory Provident Fund Schemes Authority (MPFA) the right to prosecute employers who have not subscribed have won the backing of its advisers.

The approval comes as the authority moves to seek legal advice from government lawyers next week over the first batch of possible prosecutions.

23 Feb 2001 - 12:00am