Category: Uncategorized

Apr 08 2021

Hong Kong gov’t can charge RTHK staff for axed shows, says public broadcaster

by News Desk

No Comments

Hong Kong’s government has the power to surcharge … a public servant up to half of their monthly salary, wages or pension in one month. The statement came after media...

Apr 04 2021

Uncategorized

Revisit pension policies

by News Desk

No Comments

Pension coverage ratios, for example, span from three percent in Cambodia to 100 percent in Japan. The report also revealed equally huge disparities in private wealth. It noted that in...

Apr 04 2021

Uncategorized

From Hong Kong to Sydney, San Francisco to Zurich, the staff at Pennsylvania’s largest pension fund have run up big travel bills

by News Desk

No Comments

To oversee how a massive Pennsylvania pension fund invests its money, an elite band of Harrisburg-based finance experts traverses the globe. They head to Wall Street, of course, but also...

Apr 02 2021

Uncategorized

Meeting Hong Kong’s retirement needs

by News Desk

No Comments

The company maintains close dialogue with regulators, fund managers, employers, members and the public in order to keep abreast of market trends and retirement needs of Hongkongers. We also regularly...

Apr 01 2021

Uncategorized

World’s Top Pension Fund Faces Moment of Truth on China Debt

by News Desk

No Comments

Investing Japanese pension money in Chinese government debt is likely to … years ago after Beijing established a link to facilitate overseas investment through Hong Kong. Data from Japan’s Ministry...

Apr 01 2021

Uncategorized

Hong Kong MPF assets hit HK$1.14 trillion as investments rebound

by News Desk

No Comments

Hong Kong’s Mandatory Provident Fund breached the HK$1 trillion (US$128 billion) mark to end 2020 with HK$1.14 trillion of total assets, a 17.53% increase from 2019, as investment returns rebounded...

Mar 31 2021

Uncategorized

World’s Top Pension Fund Faces Moment of Truth Over Chinese Debt

by News Desk

No Comments

The world’s largest pension pot will soon have to choose between political sensitivities and cold hard returns.

Mar 22 2021

Uncategorized

Thousands of Hongkongers will be unable to cash in their pensions after moving to the UK

by News Desk

No Comments

And earlier this month, Hong Kong’s Mandatory Provident Funds (MPF) Schemes Authority – which is in charge of the city’s compulsory pension scheme – said: “BN(O) passports are no longer...

Mar 20 2021

Uncategorized

Hong Kong reduces minimum ILS investment size to US $250k

by News Desk

No Comments

Following a consultation period, Hong Kong’s new insurance-linked securities (ILS) rules have been amended to reduce the minimum investment size required …

Mar 18 2021

Uncategorized

1.1k wage subsidy complaints heard

by News Desk

No Comments

The Government says that as of March 9, the Employment Support Scheme Secretariat had received 1,105 complaint cases, more than half of which involve unreasonable reduction in the number of...