Category: Uncategorized

Aug 16 2022

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China Life, BEA, YF Life among 5 picked for Mandatory Provident Fund’s electronic platform launch next summer

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All 13 MPF trustees will join the electronic platform in phases to ensure a smooth transition, pension regulator’s new boss says The eMPF platform will help save as much as...

Aug 16 2022

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T. Rowe Price appoints 2 for institutional business in China region

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T. Rowe hired Tina Siu to head the firm’s institutional sales and client service efforts in Hong Kong, Taiwan and Macau.

Aug 16 2022

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Hong Kong Immigration Department condemns rumours of ‘mysterious envelope’ issued to residents withdrawing MPF funds on grounds of departure

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According to Facebook post, which has been removed, recipients have to give envelope to Immigration Department when they leave city.

Aug 15 2022

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Hong Kong’s MPF assets hit by worst investment loss in two years

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Hong Kong’s Mandatory Provident Fund (MPF) assets fell 4.17% in its last financial year with the 411 funds in the city’s largest retirement scheme reporting the worst investment loss since...

Aug 10 2022

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Japan’s GPIF equity investments hit as markets slammed

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Japan’s Government Pension Investment Fund (GPIF), which invests nearly half its assets in equities, saw its investments swing into the red in the first quarter of its current financial year...

Aug 04 2022

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Hong Kong residents to get HK$2,000 in consumption vouchers from Sunday as new round of economy-boosting scheme kicks off

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About 6.3 million people, including new residents and arrivals from the mainland, will get voucher payments More than 100,000 appeals against exclusion from the voucher scheme upheld, with more still...

Aug 03 2022

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Hong Kong industry group wants MPF funds opened to China pension investments

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The HKIFA says locally registered funds that are eligible for MPF schemes should be opened to investments from China’s enterprise annuities and occupational annuities. According …

Jul 22 2022

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Public Sector Pension plan names veteran pension executive Deborah Orida as CEO

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Public Sector Pension Investment Board has hired Deborah Orida, a 13-year veteran of Canada Pension Plan Investment Board, as its next CEO. Ms. Orida replaces Neil Cunningham, who said in...

Jul 20 2022

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Key Changes To Hong Kong SAR Employment Legislation.

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Key Changes To Hong Kong SAR Employment Legislation. Legal News and Analysis – Hong Kong – Labour & Employment – …

Jul 16 2022

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Hong Kong gov’t slammed for rejecting HK$5,000 voucher handouts for applicants who withdrew pension early

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The government has come under fire for disqualifying Hongkongers from receiving the next round of consumption vouchers based on their pension account status, a decision that can only be appealed...