Category: Uncategorized

Nov 16 2023

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US federal pension fund to exclude Hong Kong investments, amid China tensions

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The US$771 billion Federal Retirement Thrift Investment Board says it will switch the benchmark index for its international fund, effectively ridding exposure to Hong Kong.

Nov 10 2023

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iFAST prepares for greater profitability with Hong Kong contribution

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While market and investor sentiment remained volatile in 3QFY2023 ended September, iFAST recorded positive net inflows.

Oct 26 2023

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Hong Kong police investigate after man arrested over forging documents to apply for early withdrawal of HK$75,000 MPF pension

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Arrest of 36-year-old in Tsing Yi comes a week after city’s graft-buster revealed it had caught 20 people, including insurance agent, for similar offences Police say he was offered assistance...

Oct 24 2023

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Canadian firms accused of ‘doing the bidding’ of Hong Kong authorities in blocking pension fund access

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Hong Kong Watch has seen ‘several’ letters to people from their banks and firms telling them their attempt to withdraw pension funds has been rejected …

Oct 20 2023

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Hong Kong police investigate after man arrested over forged documents to apply for early withdrawal of HK$75,000 MPF pension

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Arrest of 36-year-old in Tsing Yi comes a week after city’s graft-buster revealed it had caught 20 people, including insurance agent, for similar offences.

Oct 19 2023

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Hong Kong’s MPF retirement scheme ranks second best in Asia behind Singapore’s amid investment losses: Mercer

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The Mandatory Provident Fund is the best regulated pension scheme in Asia, but trails Singapore in providing retirees with adequate funds Globally, Singapore’s scheme ranks seventh, Hong Kong 21st and...

Oct 18 2023

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Hong Kong’s Pension Scheme: A Tool for Political Suppression?

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In the heart of Hong Kong, former Yau Tsim Mong district council member, Chu Kong-wai, steps into the searing spotlight of suspicion. Accused of violating the city’s Mandatory Provident Fund...

Oct 16 2023

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Hong Kong anti-graft agency arrests 20 over alleged false documents in emigrants’ pension fund claims

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Hong Kong’s anti-graft watchdog has arrested 20 people on suspicion of withdrawing money out of their government pension funds using forged paperwork, sparking controversy among Hongkongers now …

Oct 15 2023

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20 arrested in HK over false document pension withdrawals amid row over British passport

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HK pension funds have been in the spotlight since the emigration of more than 140,000 Hong Kong people to Britain. Read more at straitstimes.com.

Oct 15 2023

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Twenty arrested in Hong Kong over false document pension withdrawals amid row over UK passport

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Hong Kong’s anti-corruption agency said on Friday 20 people had been arrested suspected of taking bribes to help people apply for early withdrawal of government pension funds with false documents,...