• Sat
  • Aug 30, 2014
  • Updated: 4:15am


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. 

Laying the nest egg

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

Monday, 19 November, 2012, 1:34am

MPF reports disappointing returns in contrast to strong rally of Hang Seng Index

The Mandatory Provident Fund reported a return of 1.3 per cent for last month, a dismal performance compared with the Hang Seng Index and given the rising inflation in the city.

6 Aug 2014 - 2:37am

Hong Kong pension regulator unveils cost-cutting plan following criticism

The city's pension regulator has cut down its headcount and may move to a cheaper location after a lawmaker criticised the high cost of its operations.

10 Jul 2014 - 6:39am

MPF employees should wake up and choose their funds

Hong Kong's pension regulator has finally come out with its proposal for a cap on management fees on core funds to serve employees who have not chosen what do with their MPF contributions.

1 Jul 2014 - 6:51am 2 comments

MPF revamp vital to restore confidence of workers

The need to save for retirement is never too far away in a city like Hong Kong that offers little support. The lack of a universal pension system and steep living costs mean only the well-prepared can enjoy a decent retirement life.

30 Jun 2014 - 9:20am 2 comments

MPFA proposes fee cap on pension funds

All Mandatory Provident Fund schemes must introduce a low-fee core fund from 2016 for employees who do not know which fund to choose for their pension contributions.

25 Jun 2014 - 2:37am

John Tsang cautious over changes to mandatory provident fund scheme

Hong Kong's mandatory provident fund scheme should not be hastily done away with, the financial secretary says, although he concedes the system has failed to give low-paid workers and the unemployed enough retirement protection.

26 May 2014 - 7:42am 17 comments

Global economic recovery points to year-end MPF gains, say analysts

A global economic recovery means pension-fund savers in Hong Kong can expect end-of-year gains in their equity holdings despite lacklustre performance by the Mandatory Provident Fund last month, said analysts.

6 May 2014 - 12:42am

Making a case for Hong Kong's pension fund

Shareholder activist David Webb wrote an excellently funny piece on the Mandatory Provident Fund (MPF) recently, mocking the government leaflet which announces increased contributions to the compulsory retirement savings system.

2 May 2014 - 1:25am 1 comment

Proposed changes to MPF ordinance set to benefit more retirees

Retirees on the MPF scheme may soon be able to withdraw their money in instalments up to four times a year, the MPF Schemes Authority said yesterday, instead of having to take the full amount on retirement.

26 Apr 2014 - 8:12am 3 comments