As the eMPF Platform is expected to be a game changer for the sponsors of MPF schemes, Rainbow Pan, Chairman of Pension Schemes Association (PSA) and General Manager of Wealth and Pensions at Sun Life Hong Kong, opined that the platform would bring both challenges and opportunities. According to Pan, this would encourage sponsors to continuously improve the performance of their MPF funds as well as service experience. She added that the future development of the GBA will bring tremendous opportunities to the industry that enables MPF sponsors to have bigger room for development.   Link here (interview in Chinese)

The eMPF Platform, designed, built and operated by the MPFA, is a major infrastructure which aims to reshape the administrative models of MPF schemes and to standardize, streamline and automate the existing scheme administrative processes. The chairwoman of the Pension Schemes Association (PSA), Rainbow Pan, shared her opinions on the opportunities and challenges for the scheme members arising from the application of this new platform.   Link here (interview in Chinese)

HK MPF holders suffered significant losses in their pension contributions in 2022, due to the stock market crash. The chairwoman of the Pension Schemes Association (PSA), Rainbow Pan, called on the public not to be overly concerned about short-term volatility, emphasising that the scheme is a long-term investment.   Link here (interview in Chinese)  

Pension Schemes Association (“PSA”) today announced the findings of a survey on the eMPF Platform project. The survey was designed to understand the views and needs of employers with respect to the upcoming eMPF Platform, online services, and digital adoption. See Press Release here

Hong Kong people are increasingly aware of retirement planning. We shared our suggestions on pre- and post-retirement at a recent interview by Ming Pao.Link here (interview in Chinese)

The Good MPF Employer Award 2020-21, organiezd by the MPFA, is open for applications from 1 April until 30 June.   Click here for details.