The Hong Kong government’s Mandatory Provident Fund covers 4.6 million pension holders. Photo: Jonathan Wong
The Hong Kong government’s Mandatory Provident Fund covers 4.6 million pension holders. Photo: Jonathan Wong

exclusive | China Life, BEA, YF Life among 5 picked for Mandatory Provident Fund’s electronic platform launch next summer

  • All 13 MPF trustees will join the electronic platform in phases to ensure a smooth transition, pension regulator’s new boss says
  • The eMPF platform will help save as much as HK$40 billion (US$5.14 billion) in administrative costs over 10 years and pass the benefits to its members

The Hong Kong government’s Mandatory Provident Fund covers 4.6 million pension holders. Photo: Jonathan Wong
The Hong Kong government’s Mandatory Provident Fund covers 4.6 million pension holders. Photo: Jonathan Wong
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