... ent Fund (MPF), Hong Kong's compulsory saving scheme, is another popular topic when it comes to retirement planning. While the cost ratio of the MPF has fallen to 1.57 percent from 2.1 percent in 2007 ...More
EJ Insight2016-10-11
... em-ridden MPF scheme. In contrast, Tsang has been keeping a much lower profile. Even though he has the highest approval ratings among the three, it seems he still hasn’t made up his mind yet on whethe ...More
EJ Insight2016-07-25
I've lost count of the number of newspaper headlines I've read about the losses our 2.5 million working population have suffered from their Mandatory Provident Fund (MPF). I have suffered paper losses ...More
EJ Insight2016-07-12
... ent Fund (MPF) scheme. Her goals may sound ambitious and her pledges impressive, but if we look more closely, we can easily tell that what Lam has come up with is just a load of half-hearted measures ...More
EJ Insight2016-06-06
... While the MPF fees are undoubtedly expensive and have ample room to come down, whether the performance of the funds is good or bad is harder to conclude. The history of yearly returns shows clearly th ...More
EJ Insight2016-05-23
... ent Fund (MPF) at 0.75 percent. In the long run, one percent savings in management fee could make a big difference in investment performance. For most ordinary investors, cost savings is the easiest w ...More
EJ Insight2016-04-01
... raw their MPF entitlement in several batches, offering them more flexibility. This article appeared in the Hong Kong Economic Journal on March 18. Translation by Myssie You [Chinese version 中文版] -- Co ...More
EJ Insight2016-03-18
The default investment strategy to be implemented under a draft bill on the city's pension fund system may expose participants to risks in the stock market without their consent, market players said. ...More
EJ Insight2016-02-29
The Mandatory Provident Fund Schemes Authority has filed a writ with District Court demanding that Asia Television Ltd. pay HK$416,000 (US$53,214) in employer's MPF contributions for October last year ...More
EJ Insight2016-01-20
... r sale of MPF products. DBS Bank (Hong Kong) chief executive Sebastian Paredes (龐華毅) expects revenue of the bancassurance business to double by 2018, with that from retail banking tripling and that fr ...More
EJ Insight2016-01-06
... to boost MPF return potential. “HandsonMe” made a mobile application that allows people to invest in Instagram and online shops selling handmade products. “Credit Chest” made a platform that allows c ...More
EJ Insight2015-12-24
... ent Fund (MPF) was launched in 2000 during the height of tech bubble. It was such a bad timing. The market picked up until 2003, and hit a new high in 2007. But that was followed by another eight-year ...More
EJ Insight2015-12-05
Every employee who contributes to the Mandatory Provident Fund (MPF) can choose an account manager. After that, however, the employee has no control over which specific investment the fund manager pic ...More
EJ Insight2015-11-28
... hich each MPF provider will be required to operate two core funds with preset investment strategies. The core funds are aimed at diversifying portfolio risks in accordance with the scheme holders' age ...More
EJ Insight2015-11-09
... olish the MPF offsetting mechanism. Scrapping the offsetting mechanism, which allows firms to use their MPF contributions to offset a portion of the severance or long-service payment that is owed to e ...More
EJ Insight2015-09-30
... mple, AIA MPF in Hong Kong was quoted in Marketing Magazine as saying that it used social media to launch a major branding initiative to reinforce its position as a top retirement and mandatory provid ...More
EJ Insight2015-09-23
... study of MPF schemes comprising 537 funds also revealed that expenses of the funds rose from HK$9.2 billion last year to HK$10 billion this year, Apple Daily reported. The HKFTU criticized the funds ...More
EJ Insight2015-09-17
... that the MPF had total assets of HK$620.1 billion (US$80 billion) at the end of June, and voluntary contributions reached an annual HK$5.6 billion, up 23 percent from the year before. The fund posted ...More
EJ Insight2015-09-12
... ed by the MPF, the association's chairman Bruno Lee Kam-wing said. It is suggested that a maximum tax allowance of HK$50,000 be given to taxpayers for their voluntary contributions to the MPF scheme i ...More
EJ Insight2015-08-28
