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MPF

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. 

Low-fee reform of Hong Kong’s pension fund set to launch April next year

Low-fee reform of Hong Kong’s pension fund set to launch April next year

Reform of the Mandatory Provident Fund pension scheme that will introduce low-fee funds is likely to launch in April next year as pension providers are still working with the regulator on how to add curbs to the capped-fee elements, according to sources familiar with the situation.

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