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.

Business Digest, February 5, 2013

5 Feb 2013

Swire Properties says rents at its office portfolio registered strong growth, with Pacific Place in Admiralty up 32 per cent last year on the previous lease. In its fourth-quarter operating...

Time to stop bosses dipping their fingers into the MPF

29 Jan 2013

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.

Insurers claim victory in fight for workers switching MPF providers

28 Jan 2013

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...

30,000 move to new MPF providers

22 Jan 2013

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...

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

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.

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...

2 comments

Briefs, January 13, 2013

Provident fund claims against travel agency

PENSIONS

Legco support for plans to cut back on MPF charges

Most lawmakers support the pension regulator's plan to bring in measures to cut management fees for the Mandatory Provident Fund (MPF).

Letters to the Editor, January 3, 2013

Time almost stands still at Now TV

After reading the correspondence focusing on Now TV often showing repeats of BBC series, I am writing to say that this is too often the case and is...

5 comments

Letters to the Editor, December 14, 2012