... 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
Hong Kong police have arrested 19 people who allegedly conspired to defraud the Mandatory Provident Fund Schemes Authority (MPFA) with bogus claims. The 15 men and four women, aged 22 to 56, were arre ...More
EJ Insight2015-08-26
Phone scam artists targeting gullible Hongkongers are now claiming to be from the Mandatory Provident Fund Schemes Authority (MPFA) and the Monetary Authority, Ming Pao Daily reported on Thursday. The ...More
EJ Insight2015-08-13
... improved MPF scheme, fairer income distribution and further reducing the number of mainland visitors to Hong Kong. These livelihood issues have little or no support from the Leung administration, mos ...More
EJ Insight2015-08-05
... 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
