MPF

The Mandatory Provident Fund (MPF) is a compulsory pension fund designed by the Hong Kong government as a major protection scheme for the aged and retired residents. Most employees and their employers are required to contribute monthly. A 2012 study by the Consumer Council shows that almost half of the MPF funds have posted losses in each of the past five years.

MPF EMPLOYEE CHOICE

Laying the nest egg

19 Nov 2012

Everything you need to know about moving your pension fund, by Nicky Burridge.

1:34AM

MPF back in profit as markets rally

4 May 2013

The Mandatory Provident Fund, covering 2.5 million employees in the city, returned to profit in April after recording two consecutive months of losses. Analysts attributed it to the recent...

4:53AM

With fees, a little understanding goes a long way

29 Apr 2013

Fees are central to investing, but they are also much misunderstood. They are split into many categories, and disclosure varies from fund to fund.

Managed funds

Managed funds are...

3:59AM

Why not put all your eggs in one basket?

15 Apr 2013

Should I consolidate my MPF accounts?

Regardless of the sum in your Mandatory Provident Fund (MPF) accounts, it's worth considering consolidation. The MPF Authority (MPFA) is on a mission...

3:11AM

MPF drops for a second month, erases January gains

3 Apr 2013

The 455 investment funds under the retirement scheme reported an average loss of 0.24 per cent in March, after an average loss of 0.58 per cent in February, according to data provider Lipper. This...

5:28AM

Business Digest, March 5, 2013

5 Mar 2013

SFC fines Manulife Asset Management

4:47AM

Opinion

Hari Kumar

Workers pay the price for our bargains

5:20AM

Howard Winn

Barry Cheung makes waves in Moscow

3:47AM

Time to stop bosses dipping their fingers into the MPF

The government has finally given a timetable for allowing employees to have complete control of their Mandatory Provident Fund investment. But the reform has still not gone far enough.

4:51AM

Insurers claim victory in fight for workers switching MPF providers

Insurers with large teams of agents look to have proven better able to fight for new pension business than banks after employees were allowed to choose their own Mandatory Provident Fund providers...

5:17AM

30,000 move to new MPF providers

Two months after they were allowed to choose their own Mandatory Provident Fund providers, about 30,000 have done so - a figure the industry says is low but which the government considers...

4:28AM

PENSIONS

Labour advisory panel backs MPF changes

A government advisory body has backed a plan that would save 70,000 low-income people from having to contribute to their MPF accounts while 400,000 would have to pay more.

3:50AM

Policy address is Leung's last chance to show Hong Kong he can lead

Responding to the massive protests on New Year's Day calling for Leung Chun-ying to step down, a government spokesman said the chief executive was concentrating on preparing his first policy...

3:31AM

2 comments

Briefs, January 13, 2013

Provident fund claims against travel agency

3:55AM