pensions.hk

Oct 28 2021

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Hill Dickinson’s diversified practice is awarded new Hong Kong Government role

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to Hong Kong’s Mandatory Provident Fund Schemes Appeal Board (MPFSAB). Edward’s two-year appointment to the MPFSAB, which was made by Paul Chan Mo-po, Financial Secretary, commences on October 25, …

Oct 22 2021

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Billions in International Pension Funds Support Abuses in China; Hong Kongers Flee With Their Own Pensions

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A report by the NGO Hong Kong Watch reveals that numerous major international pension funds have been heavily invested in Chinese companies connected to serious human rights issues. Some of...

Oct 20 2021

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MPF: Hong Kong’s pension regulator mulls allowing members to invest in sovereign bonds

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Hong Kong’s pension regulator is considering changing its investment rules that could allow the 4.5 million MPF members to invest in sovereign bonds.

Oct 20 2021

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Hong Kong Pension Fund Inflows Lowest in Three Years Amid Exodus

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Hong Kong’s pension fund inflows likely dropped to their lowest in three years as residents take early retirement or leave the city, according to an independent research firm. Most Read...

Oct 20 2021

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MPs call for own pension fund to drop Chinese investments

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More than 100 British MPs have called for their parliamentary pension fund to divest from Chinese firms accused of complicity in the repression of the Uighur m …

Oct 20 2021

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Drop Chinese investments, MPs and peers tell parliament’s pension fund

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Letter from 137 lawmakers urges fund to drop stakes in firms accused of human rights violations or linked to Chinese state …

Oct 18 2021

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Hong Kong needs poverty chief to help solve problems faced by city’s poor, major trade unions group says

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Federation of Trade Unions calls for creation of commissioner for poverty to help low-income families and deal with policies it says are being ignored by existing system.

Oct 15 2021

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Hong Kong government proposal for residents to convert pensions into annuities ‘absurd’ if made mandatory, labour minister says

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Secretary for Labour and Welfare Law Chi-kwong says forcing Hongkongers to make the switch from Mandatory Provident Fund pension plans to annuities would deprive them of a choice.

Oct 14 2021

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Hong Kong’s financial markets come to a halt on Typhoon Kompasu warning

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Stock market trading was suspended on Wednesday because of severe weather after the Observatory said the Signal 8 warning would stay in place until 4pm.

Oct 11 2021

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Improve MPF first before moving retirees to annuity plan

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Secretary for Labour and Welfare Dr Law Chi-kwong recently floated the idea of forcing retirees to transfer their Mandatory Provident Fund (MPF) balances into an annuity plan. The Business and...