pensions.hk

Nov 14 2020

Uncategorized

China, Hong Kong stocks fall on U.S. ban, bond defaults

by News Desk

No Comments

China and Hong Kong stocks fell on Friday following the Trump administration’s decision to ban U.S. investments in firms linked to the Chinese military, with sentiment also hurt by more...

Nov 14 2020

Uncategorized

Breakingviews – Trump fires messy parting shot at Beijing

by News Desk

No Comments

Donald Trump is firing a parting shot at Beijing. To stop more money from flowing into the People’s Republic, the lame-duck U.S. president signed an executive order to block U.S....

Nov 11 2020

Uncategorized

No relief for Hong Kong workers robbed of retirement protection by MPF offset mechanism

by News Desk

No Comments

The continuance of this “offsetting mechanism” undermines the very essence of pension provision and planning. I doubt Hong Kong’s chief executive understands or cares what that means for ordinary …

Nov 07 2020

Uncategorized

Why Hong Kong needs to speed up action on HK$2 transport for the elderly

by News Desk

No Comments

Many of us are suffering financially due to the lack of dividends from HSBC and other large companies, and cannot access Mandatory Provident Fund funds until … D.A. Smith, Wan...

Oct 31 2020

Uncategorized

Hong Kong leader to visit Beijing to discuss plans to revive economy

by News Desk

No Comments

Hong Kong’s Chief Executive Carrie Lam attends a news conference to announce a postponement of her annual policy address, in Hong Kong, China October 12, 2020. REUTERS/Tyrone Siu …

Oct 29 2020

Uncategorized

Asia’s pension systems forced to cut back under COVID pressures

by News Desk

No Comments

Malaysia and Hong Kong were rated C+ … fully recognize the longer-term effects of the COVID-19 pandemic on future pension payments, “reduced economic growth has already led to lower scores...

Oct 24 2020

Uncategorized

Amid the coronavirus pandemic recession, a quiet crisis is building in the world’s pension systems

by News Desk

No Comments

The pandemic-induced recession has led to reduced pension contributions and higher government debt. Billions around the world, including in Hong Kong, face the prospects of working longer or having …

Oct 23 2020

Uncategorized

Singapore keeps top spot for pension systems in Asia

by News Desk

No Comments

A league table assessing retirement income systems has again put Singapore at top spot in Asia and seventh overall. The ranking comes amid concerns that the pandemic will hit future...

Oct 23 2020

Uncategorized

Breakingviews – Crown Resorts disabused of gambler’s conceit

by News Desk

No Comments

Crony capitalism was a losing bet at Crown Resorts. Regulatory inquiries into the $4 billion Australian casino operator exposed a board that was too cosy with billionaire founder James Packer,...

Oct 22 2020

Uncategorized

Canada Pension Plan Investment Board Selects Charles River IMS to Streamline Multi-Asset Portfolio Management

by News Desk

No Comments

CPP Investments™ will use Charles River to manage portfolios across publicly traded asset classes including equities, fixed income and derivatives.