pensions.hk

May 02 2022

Uncategorized

Hong Kong leader Carrie Lam vows to continue improving labour rights in final months of tenure after ‘hard-earned results’

by News Desk

No Comments

Hong Kong’s outgoing leader Carrie Lam Cheng Yuet-ngor has … Among the work was ensuring a bill to abolish the so-called offsetting mechanism under the Mandatory Provident Fund was passed...

Apr 29 2022

Uncategorized

Pension benefits for Hong Kong teachers to remain intact, Education Bureau says, amid speculation over possible ban on early withdrawal

by News Desk

No Comments

Bureau asks teachers not to be ‘misled by the rumours’ that government would amend rules of existing provident fund schemes to stop exodus of educators Legal officer is being recruited...

Apr 28 2022

Uncategorized

Chinese Shares Rise on Promise of Infrastructure Spending and Pension Support

by News Desk

No Comments

Asian shares fell across the region except in mainland China, where official pronouncements drove heavy-industry stocks higher.

Apr 23 2022

Uncategorized

Hong Kong insurance industry mourns death of senior figure

by News Desk

No Comments

Members of Hong Kong’s government and financial sectors have expressed their condolences and tributes following the death of industry stalwart Robin Chan Yau-hing at age 90. Thai-Chinese Chan was life...

Apr 23 2022

Uncategorized

FirstFT: Goldman flagged Morgan Stanley block trades to Hong Kong regulator

by News Desk

No Comments

Plus, Ukraine rejects Putin’s claim of Mariupol’s ‘liberation’ and Musk unveils financing package to fund Twitter bid …

Apr 23 2022

Uncategorized

Sunshine Insurance Looks for Sunny Skies in Hong Kong with IPO Bid

by News Desk

No Comments

Sunshine Insurance has applied to list in Hong Kong, and could become China’s 10th listed insurer if the bid is successful Company is launching its …

Apr 19 2022

Uncategorized

Tracker Fund names Hang Seng to run Hong Kong’s biggest exchange-traded fund, ending State Street’s mandate

by News Desk

No Comments

The fund, with HK$111 billion of assets under management as of March 25, is popular with the 4.5 million investors of Hong Kong’s Mandatory Provident Fund (MPF), with 17 per...

Apr 15 2022

Uncategorized

All you need to know about the updates to Hong Kong’s 2022 Employment Support Scheme (ESS)

by News Desk

No Comments

In order to provide timely financial support for the businesses affected by the fifth wave of the epidemic, the Hong Kong government has announced the launch of a new round...

Apr 07 2022

Uncategorized

Hong Kong’s compulsory pension scheme faces ‘extreme volatility’ after members lose HK$16,600 on average in first quarter

by News Desk

No Comments

Hong Kong’s compulsory pensions scheme lost a total of HK$76.2 billion (US$9.8 billion), or 6.2 per cent, during the first quarter of 2022 because of a global market rout –...

Mar 31 2022

Uncategorized

Hong Kong’s Tracker Fund, in major shift, goes from State Street to Hang Seng Investment

by News Desk

No Comments

Hong Kong’s Hang Seng Investment Management is taking over management of Tracker Fund, the city’s largest exchange-traded fund and Asia’s first physical ETF, from US asset manager State Street Global...