Month: March 2022

Mar 17 2022

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MPF spells for miserable

by News Desk

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Call it the Miserable, rather than Mandatory, Provident Fund. The working population with Hong Kong stock exposure in the pension account like you and me must be screaming over the...

Mar 16 2022

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Departing Hong Kong residents took $305 mln from pensions in Q4

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Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion ($305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed,...

Mar 16 2022

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Manulife survey: Taxpayers missing out on full benefits of tax-deductible solutions and tax savings

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A recent Manulife survey has revealed that even though tax-deductible products were launched three years ago, Hong Kong taxpayers still do not fully understand …

Mar 15 2022

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Hong Kong government worker faces 3 years in jail for molesting domestic helper

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A veteran Hong Kong government worker could be jailed for up to three years and lose his pension worth HK$5 million (US$638,590) after a magistrate found him guilty of molesting...

Mar 12 2022

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Departing Hong Kong residents took US$305 million from pensions in Q4

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Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed,...

Mar 12 2022

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CK Asset sells London office block to South Korean pension fund for US$1.6 billion

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CK Asset Holdings bought 5 Broadgate, the London headquarters of UBS, with proceeds from the sale of The Center office tower in Hong Kong.

Mar 12 2022

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Canada Pension Plan expand its proxy-voting guidelines

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The Canada Pension Plan Investment Board issued updates on its proxy-voting principles and guidelines, with a focus on increasing gender diversity.

Mar 12 2022

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Workers Struggles: Asia, Australia and New Zealand

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India: Thousands of unorganised workers in Karnataka protest poverty wages; Cambodian police arrest 180 protesting NagaWorld casino workers; Australia: Boral Cement plant workers strike; Helicopter …

Mar 10 2022

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HK regulator bans broker over breach in handling client information

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The Insurance Authority (IA) has banned former technical representative and broker To Kong until July 14, 2024, for several breaches of the code of conduct for registered insurance professionals. The...

Mar 04 2022

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People moves: AP Pension sees RI, alternatives heads leave for Velliv, AkademikerPension

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AP Pension, Velliv, AkademikerPension, Robeco, Pemberton, AllianceBernstein, Charles Stanley, Value Partners Group …