Edition:
International
HIGHLIGHTS
Donald Trump’s China policy
NEW
US-China relations
Hong Kong economy
News
Hong Kong
China
Economy
Asia
World
Sport
This Week in Asia
US Elections
Business & Tech
Business
Tech
Opinion
Latest
Lifestyle
Lifestyle
People & Culture
Style
PostMag
K-pop
Outdoor
Cooking
More +
Video
Talking Post
SCMP Films
Infographics
Pictures
Podcasts
SCMP Series
Explained
SCMP Spotlight
Newsletters
Special Reports
Topics
Donald Trump’s China policy
US-China relations
Hong Kong’s Article 23 national security law
China’s military
China's economic recovery
Trending in China
Taiwan
China’s Communist Party
Ukraine war
Wellness
Focus
Greater Bay Area
Advertisement
TOPIC
Mandatory Provident Fund (MPF)
+ FOLLOW
Mandatory Provident Fund (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.
SHOW FULL PROFILE
Recommended For You
People & Culture
Indian dad, 55, elopes with son’s fiancée, 22, and takes off with family cash and gold
9 Jul 2025 - 7:08PM
Diplomacy
In show of unity against Trump, Brazil and India vow to triple trade flows
9 Jul 2025 - 10:00AM
videocam
Science
China’s ‘green great wall’ in Inner Mongolia traps 3 more deserts
9 Jul 2025 - 1:24PM
videocam
Military
China denies giving Iran air defence systems after conflict with Israel
9 Jul 2025 - 5:01PM
videocam
Science
Top Chinese oncologist and director of Jilin Cancer Hospital, Cheng Ying, dies
9 Jul 2025 - 5:30PM
videocam
Hong Kong economy
Hong Kong minister hints at scrapping of MPF tax break proposal for elderly
Working group has been reviewing proposal aimed at encouraging greater participation of elderly in workforce as part of silver economy push.
9 Jul 2025 - 8:02PM
Wealth management
MPF achieves third-best interim return amid Hong Kong market rally
7 Jul 2025 - 2:50PM
Hong Kong economy
Closure of Hong Kong’s Taipan bakery leaves 211 employees seeking HK$32 million
25 Jun 2025 - 9:43PM
Hong Kong society
Letters
|
Rethink measures against e-cigarettes for a smoke-free Hong Kong
Readers discuss the city’s policy on alternative smoking products, the ‘silver economy’, and the fake-degree industry.
6 Jun 2025 - 11:30AM
11
Hong Kong economy
Editorial
|
It will pay Hong Kong’s workers to check their savings after MPF shake-up
Much-criticised Hong Kong retirement scheme charges lower fees since switch to electronic platform and will offer greater flexibility.
5 Jun 2025 - 8:15AM
Hong Kong
Hong Kong lawmakers support fully portable MPF accounts
Letting members move their full portfolios to new providers would promote proactive management and competition, official says.
2 Jun 2025 - 3:30PM
Advertisement
Advertisement
Advertisement
Hong Kong economy
Hong Kong MPF administration fees down by 36% since launch of digital platform
More than 2.7 million members and 70,000 employers to be managed under new system by end of second phase of migration in August.
1 Jun 2025 - 9:39PM
Wealth management
MPF fund managers told to gird for US holdings after Moody’s cut
About 37 per cent of MPF’s US$167 billion total assets were invested in bond and balanced funds at the end of 2024.
27 May 2025 - 11:25AM
Banking & finance
Hong Kong could be a step closer to listing private equity funds after MPF move
Mandatory Provident Fund Schemes Authority includes private equity funds as permissible investments for the pension fund amid market volatility.
23 May 2025 - 6:31PM
Banking & finance
Opinion
|
Hongkongers deserve a financial education that empowers them
Knowing how to spend, save and invest shouldn’t be a luxury for bankers in Central but a necessity for people to thrive.
22 May 2025 - 10:42AM
videocam
Hong Kong workers/labour rights
Fired, rehired? How Hong Kong bosses plan to save money as MPF mechanism ends
Employers can no longer dip into staff pensions to cover severance and long-service payments, as firms deploy strategies to mitigate impact.
8 May 2025 - 11:21AM
4
Hong Kong economy
Editorial
|
Putting Hong Kong’s workers first on this Labour Day
A minimum wage rise and the end of employer rights to claw back contributions from pensions for severance and long service are taking effect.
1 May 2025 - 8:20AM
Wealth management
UK fund manager Schroders to invest more in Hong Kong, CEO says
‘When we think about where wealth is growing the fastest, it is in Asia,’ Richard Oldfield says.
28 Apr 2025 - 7:30AM
Wealth management
Hong Kong’s MPF gains US$4.5 billion in first quarter due to market rally
Hong Kong and China equities led all asset classes in the first quarter, while US equities slumped, according to MPF Ratings.
3 Apr 2025 - 10:05AM
Hong Kong healthcare and hospitals
Letters
|
Why not let Hongkongers pay medical fees with MPF, like in Singapore?
Readers discuss ways to alleviate the fiscal healthcare burden, the impact of the fee revision on low-income families, and the Chinese term for primary healthcare.
2 Apr 2025 - 11:30AM
Wealth management
Women in Hong Kong face huge retirement income shortfall, Fidelity study shows
Women expect an average monthly expense of HK$24,235 (US$3,120) after retirement but face an income-gap, study shows.
6 Mar 2025 - 5:55PM
ESG investing
Hong Kong raises ESG disclosure standards for MPF managers
The 12 fund managers have up to end-September to ensure their ESG disclosures match the new requirements.
24 Feb 2025 - 3:33PM
videocam
Advertisement
Advertisement
Advertisement
Banking & finance
Second phase of Hong Kong’s eMPF reform to start in March with more enhancements
Bank of East Asia, Principal Trust Company and two other providers are set to join the pension plan’s digital platform as it scales up.
16 Feb 2025 - 1:07PM
Education in Hong Kong
Hong Kong educators took out HK$8.7 billion from pensions in past academic year
Figure represents drop from peak of HK$10.7 billion in 2021-22, in sign that manpower crunch in sector is easing.
13 Feb 2025 - 6:43PM
Wealth management
Year of the Snake: volatility ahead for Hongkongers’ MPF investments
Sterling returns during the Year of the Dragon will be hard to repeat, with US-China trade relations as an X factor, according to experts.
24 Jan 2025 - 9:30AM
Wealth management
Hong Kong’s 2024 pension gained 13% at best pace in 4 years
The increase of HK$102.4 billion (US$13 billion) works out to HK$21,500 per member, says MPF Ratings.
6 Jan 2025 - 4:06PM
Hong Kong society
Editorial
|
Strong gains in MPF provide a measure of relief for pensioners
But there is still a long way to go as three-quarters of Hongkongers expect they will have to work beyond retirement age.
6 Jan 2025 - 6:30AM
Banking & finance
Banks, insurers rush for gold in Hong Kong’s ‘silver-hair economy’
Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.
27 Dec 2024 - 10:11AM
Banking & finance
Hong Kong’s pension nest egg is on course for best return in 4 years
MPF Ratings says ‘members may be tempted to have a US bias in their portfolio, but diversification is important’.
26 Dec 2024 - 4:46PM
HKEX
HKEX launches fund platform to boost Hong Kong’s appeal as wealth hub
The first phase of the integrated fund platform launched on Friday provides information on more than 2,000 retail funds.
13 Dec 2024 - 5:56PM
videocam
Hong Kong society
Hong Kong transgender woman slams HSBC for outing her with letter to employer
Christine Chu says HSBC sent letter to employer over ‘discrepancies’ in its records, despite receiving copy of Chu’s updated identity card.
23 Nov 2024 - 6:03PM
20
Hong Kong society
Hong Kong treasury chief vows swift response to complaints over e-pension system
Lawmaker Tik Chi-yuen earlier revealed more than 10,000 users had been affected by various issues since eMPF platform launched in June.
13 Nov 2024 - 11:02PM
videocam
Hong Kong courts
Hong Kong’s MTR Corp accuses Physical of owing it HK$2.8 million in rent, fees
Corporation is seeking to recover HK$320,000, the sum remaining after deducting HK$2.48 million deposit paid by now-defunct gym chain in 2021.
9 Oct 2024 - 12:40AM
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement