pensions.hk – Page 69 – Hong Kong pension news

May 21 2022

MPFA: It Should Not Make General Assumption Based on Individual MPF Investment Return Report

by News Desk

No Comments

The Mandatory Provident Fund Schemes Authority (MPFA) expressed that, while it understands the members’ concerns for the investment performance of the MPF, the circumstances and needs of each MPF …

May 14 2022

Uncategorized

Abolish the MPF and bring universal basic income to Hong Kong

by News Desk

No Comments

The Mandatory Provident Fund should be replaced as it does not do its job as a retirement fund and has failed ordinary Hongkongers Feel strongly about these letters, or any...

May 14 2022

Uncategorized

Jobless relief to be disbursed

by News Desk

No Comments

Vetting of the fourth batch of applications under the Temporary Unemployment Relief Scheme is completed and subsidies are to be disbursed to about 68,000 successful applicants.

May 14 2022

Uncategorized

Foreign managers count on China market’s inefficiency for years to come

by News Desk

No Comments

At the same time regulators were laying the groundwork for a flood of institutionally managed pension money to eventually find its … said Claire Shen, Hong Kong-based head of China...

May 11 2022

Uncategorized

Public Pensions’ New Quandary: Coping With Geopolitical Turmoil

by News Desk

No Comments

If autocracy is moving the world toward deglobalization, geopolitical investment principles should complement environmental, social and governance factors. There’s a lot for pension boards and …

May 09 2022

Uncategorized

Exchange Fund faces ‘triple-whammy’, if equities, bonds and forex valuation all drop, HKMA’s Eddie Yue warns

by News Desk

No Comments

“In that case, the Exchange Fund would face a ‘triple-whammy’ situation with equities, bonds and foreign exchange valuation all falling at the same time.” The HK$1.2 trillion Mandatory Provident Fund...

May 08 2022

Uncategorized

Breaking up HSBC: Ping An’s call to debate the future of Hong Kong’s largest bank raises vexing question if its value is greater than the sum of its parts

by News Desk

No Comments

Ping An, HSBC’s biggest shareholder, making push for change at the lender in latest example of investor strife Asia is the bank’s biggest profit centre, but insiders say much of...

May 07 2022

Uncategorized

Abolish MPF raids by Hong Kong bosses immediately

by News Desk

No Comments

Despite years of talk to end the practice, employers continue to dip into the pension savings of workers who need them most Previous Hong Kong chief executive Leung Chun-ying lamented...

May 06 2022

Uncategorized

Subsidies underway to be disbursed for Hong Kong’s unemployment relief scheme

by News Desk

No Comments

The Hong Kong government has finished vetting the third batch of … Among this, about 31,000 applicants are those holding accounts under the Mandatory Provident Fund (MPF) schemes and over...

May 04 2022

Uncategorized

Carrie Lam urges Hong Kong lawmakers to pass overdue labour bill to scrap MPF offsetting mechanism, citing ‘unexpected’ Legco hindrance

by News Desk

No Comments

Hong Kong’s outgoing leader Carrie Lam Cheng Yuet-ngor has … Lam told a weekly press briefing on Tuesday that the bill to scrap the so-called offsetting mechanism in the Mandatory...