... ment with MPF benefits -- became part of a common Legco election manifesto for the entire democratic bloc. You might say the government could just shrug it off, but democratic parties and lawmakers ha ...More
EJ Insight2015-07-21
... ent Fund (MPF) benefits 2) implementation of statutory standard working hours 3) introduction of a special tax on the super rich to increase recurrent revenue 4) reduction or scrapping of the daily q ...More
EJ Insight2015-07-09
... fter your MPF contribution (at a rate of 5 percent) and salary tax are deducted. If you're not fortunate enough to be living in your parents’ house, then a third or even half of your money will go to ...More
EJ Insight2015-07-08
... h accrued MPF benefits. (Anna Wu retired from the Mandatory Provident Fund Schemes Authority chairmanship with a highly critical parting shot over the policy.) In his election campaign, Leung pledged ...More
EJ Insight2015-06-24
... pping the MPF offsetting arrangement, eliminating subdivided flats, etc). With his low popularity, people suspect that each and every policy rolled out by the government is of evil intent. Leung’s gre ...More
EJ Insight2015-06-17
... said the MPF's average fund expense ratio (FER) has come down from 2.2 percent in 2007 to 1.62 percent at present. However, Tobias Brown, a prominent fund manager and a former Listing Committee membe ...More
EJ Insight2015-05-26
... tered and MPF [the city's mandatory provident fund] will remain a core product offered to clients." StanChart's deliberations on possible options for the Hong Kong pensions business come as the UK-bas ...More
EJ Insight2015-05-15
... ent fund (MPF) account holders in Hong Kong, thanks to the surging stock markets. In April, average returns from the 481 MPF investments funds in Hong Kong stood at 5.28 percent, with the best perform ...More
EJ Insight2015-05-05
... uthority (MPF). The study is expected to be completed in the fourth quarter. Managing director Diana Chan said the e-portal is aimed at speeding up the so-called "employee choice" scheme which ...More
EJ Insight2015-04-30
... rmance to MPF funds like Manulife's. In the past two years, the local fund management industry has undergone developments that created unexpected volatility in Fong's portfolio. In 2013, the emergenc ...More
EJ Insight2015-04-09
Authorities are introducing new measures to enhance the Mandatory Provident Fund (MPF), which, apart from personal savings, is the main pillar of Hong Kong's pension system. Retirement benefits have b ...More
EJ Insight2015-04-01
... ent Fund (MPF) scheme. The government has finished a public consultation on the proposal aimed at cutting management fees and producing higher investment returns. The Mandatory Provident Fund Authorit ...More
EJ Insight2015-03-30
The Mandatory Provident Fund Schemes Authority (MPFA) intends to introduce a “core fund” as the standardized, low-fee, default investment for MPF holders after wrapping up a public consultation. While ...More
EJ Insight2015-03-20
The Mandatory Provident Fund Schemes Authority is working on changing the law to limit MPF providers' management fees to 0.75 percent of assets, and the cost ratio, taking all other expenses into acco ...More
EJ Insight2015-03-13
The Mandatory Provident Fund Schemes Authority (MPFSA) wrapped up last Friday its six-week public consultation on a proposed automatic mechanism for adjusting member contributions to the pension fund. ...More
EJ Insight2015-03-10
... increased MPF contribution or discretionary bonuses. Forget Fook Lam Moon or the Four Seasons Hotel – enter Café de Coral and Pizza Hut takeout. Well, we can still have fun in the office conference r ...More
EJ Insight2015-02-12
... their 22 MPF funds under four different schemes. The new fees range from 0.79 to 1.7 percent, representing a decrease of between 2.86 percent and 36.8 percent. Gloria Siu, chief executive of MPF cons ...More
EJ Insight2015-01-23
Not much room is expected for MPF providers to lower their overall fees in the first year after the proposed launch of core funds, the Hong Kong Economic Journal reported Tuesday. Bank Consortium Trus ...More
EJ Insight2015-01-20
Principal Financial Group, an American investment and asset management firm, expects to get a significantly bigger share of the mandatory provident fund (MPF) market with its acquisition of the MPF bu ...More
EJ Insight2014-12-29
... ent Fund (MPF) provides a very good long-term development platform for ETFs in Hong Kong, and the coming three to five years may prove to be a golden period for ETFs in the territory. In fact, MPFs ar ...More
EJ Insight2014-11-04
