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Taxpayer group likens proposed MPF changes to robbing workers

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

Spring banquet -- the death of happy meals

Spring banquet has always been one of my favourite staff benefits. On that night, everyone seems to relax a bit, enjoying free abalone and shark fin soup (or seafood soup to be environmentally friend ...More

EJ Insight2015-02-12

HSBC, Hang Seng lead MPF providers in cutting fees

More than a million members of the Mandatory Provident Fund scheme may benefit as the market leaders among the fund providers cut their management fees, the Hong Kong Economic Journal reported Friday. ...More

EJ Insight2015-01-23

MPF core funds expected to be costly at first

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 eyes bigger slice of MPF market

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

TraHK capital flow unaffected by Stock Connect delay

The delay of the Shanghai-Hong Kong Stock Connect has not had any impact on the capital flow of the Tracker Fund of Hong Kong (TraHK), State Street Global Advisors, manager of the exchange traded fund ...More

EJ Insight2014-11-04

MPF voluntary contributions up 358% at HK$3.12 bln

Voluntary contributions by employees to the Mandatory Provident Fund have risen 3.58 times in less than nine years, the Hong Kong Economic Journal reported on Tuesday. The amount reached HK$3.12 billi ...More

EJ Insight2014-10-21

Rafael Hui admits overspending, buying HK$2 mln worth of CDs

Former chief secretary Rafael Hui told the High Court on Friday that he was used to spending his entire salary and sometimes overspent by using credit cards, RTHK reported. Taking the witness stand fo ...More

EJ Insight2014-09-12

HKGCC: Universal pension a form of hidden tax

A universal pension scheme would be a form of hidden tax if employers and employees are made to contribute to an old-age social safety net, Hong Kong Economic Times reported Wednesday. Requiring them ...More

EJ Insight2014-08-20

Market outlook: Does anyone really know?

Henry Procter of Procter & Gamble once said: "I know I waste half of my advertising dollars...I just wish I knew which half." We can say the same thing about investment advice from brokerages. Onl ...More

EJ Insight2014-08-14

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Jan. 27: TOP STORIES SFC calls for stock trading circuit breaker H ...More

EJ Insight2014-01-27

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Jan. 17: TOP STORIES Tencent launches fund product, stepping up co ...More

EJ Insight2014-01-17

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Thursday, Oct. 31: TOP STORIES Mainland lenders' 3Q profits dragged by lac ...More

EJ Insight2013-10-31

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Oct. 30: TOP STORIES HKEx may seek public opinions on dual-clas ...More

EJ Insight2013-10-30

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