• Tue
  • Sep 23, 2014
  • Updated: 10:50pm

MPF Schemes Authority

Fixing the MPF

Hong Kong workers have long complained that they are paying unnecessarily high fees and charges on their Mandatory Provident Fund savings.

Thursday, 24 January, 2013, 2:40am

Giving workers full choice over MPF only solution

The whole point about the Mandatory Provident Fund scandal is that the MPF never at any time relied on market forces to set fee levels.

29 Nov 2012 - 4:53am 3 comments

MPF regulator moves to slash pension fees

Operators of MPF pension schemes could be asked to slash administrative fees for all their funds, under reforms proposed by the pension regulator on Monday. 

26 Nov 2012 - 9:10pm

Battle on to lure Hong Kong MPF switchers

Free ice cream, smartphone software applications and reduced fees are weapons the city's 19 Mandatory Provident Fund providers are using to lure HK$257.5 billion in workers' pension contributions.

1 Nov 2012 - 4:48am

Warning on unscrupulous MPF pitches

Hongkongers should guard against unscrupulous sales practices under the new scheme that allows people to choose their Mandatory Provident Fund service provider, a legislator warns.

Accountancy sector representative Kenneth Leung Kai-cheong said people needed to be on their guard as about 30,000 MPF agents tried to attract business under the new arrangement.

1 Nov 2012 - 4:48am

What the local media says

Sunday, Apple Daily

Shenzhen retailers keep yuan low to draw HK customers

27 Oct 2012 - 3:14am

Warning over public trust role for Hong Kong's retirement scheme

The regulator of the Mandatory Provident Fund scheme is warning of problems if the government steps in to administer workers' retirement savings.

21 Oct 2012 - 4:19am 2 comments

Fund provident in name but certainly not in practice

"Hong Kong is a free market. However, if free market competition pressure cannot bring fees down we have to consider adding a cap."

Diana Chan Tong Chee-ching, MPF Schemes Authority, SCMP, October 19

21 Oct 2012 - 1:39am 3 comments