Month: August 2023

Aug 31 2023

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Hang Seng Mandatory Provident Fund-SuperTrust Plus-Core Accumulation (0P00008SPU.HK)

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*Close price adjusted for splits.**Adjusted close price adjusted for splits and dividend and/or capital gain distributions. Loading more data …

Aug 29 2023

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Gurkha veterans share doubts ahead of September talks

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For years Gurkha soldiers fought wars for Britain, but despite promises of equal pensions and rights, their pleas for fairness remain unaddressed.

Aug 28 2023

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Hongkongers in UK facing a ‘pensions crisis’

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Many people from the territory who fled to the UK could be denied a state pension unless visa rules are changed, campaigners have warned …

Aug 16 2023

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Manulife says MPF members changed fund choices more frequently during pandemic, but decisions may be ill-timed

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Hong Kong’s Mandatory Provident Fund saw a pickup in the frequency of members changing their investment fund choices in the three pandemic-stricken years, 2020-2022, according to Manulife, the largest …

Aug 15 2023

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How FWD married two of Richard Li’s ‘loves’ to create Hong Kong’s only home-grown, pan-Asian insurer

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A serendipitous meeting more than 10 years ago between a telecoms titan and a former Vietnamese refugee at Hong Kong’s exclusive Causeway Bay yacht club sowed the seeds for an...

Aug 09 2023

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Hong Kong retirees facing income shortfall of US$641 a month on average, survey shows

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Retirees in Hong Kong face a shortfall of HK$5,000 (US$641) on average in their monthly incomes, according to a survey released on Tuesday.

Aug 01 2023

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Total MPF assets stand at HK$1.11 trillion

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The total assets of Hong Kong’s Mandatory Provident Fund (MPF) reached HK$1.11 trillion at the end of the last financial year, the city’s pension …

Aug 01 2023

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Hong Kong’s MPF supervisor extolls scheme and “continual” fee reform

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Hong Kong’s Mandatory Provident Fund supervisor lauded the HK$1.11 trillion (US$142.3 billion) retirement scheme for excelling “in many ways” by international standards, noting also that fees have …