MPF news

HSBC MPF won two recognitions from ‘2020 The MPF Awards’ by MPF Ratings Limited¹. This demonstrates that the HSBC MPF scheme delivered outstanding performance across different aspects, including fund investment performance, management fees, customer service, member education, administration efficiency and good governance, etc The awards that HSBC MPF received are:

• MPF Ratings’2020 Gold Rated Scheme (for 4th consecutive year)
  
• MPF Ratings’2020 Good Governance (For the second time)

The above awards are the result from an independent assessment agency which undertook comprehensive and in-depth research and assessment on each of the MPF providers. Our achievement of the gold rating is a reflection of HSBC MPF scheme providing best-in-class offerings to our customers. Our MPF scheme has also been rated as ‘excellent’ on the facet of ‘Management fee competitiveness’ and ‘Fund Expense Ratio competitiveness’ respectively. HSBC MPF is one of the seven schemes in the market which achieved this rating on these two assessment criteria.

¹ Source: MPF Ratings. ‘2020 The MPF Awards’ is organised by MPF Ratings Limited which is a foremost independent provider of pension research. This award is by MPF Ratings Limited, the award results and rating were based on their assessment criteria. For the awardee, assessment criteria/methodology, please refer to www.mpfratings.com.hk/ratings-and-awards/.

MPF features have been brought to HSBC HK Mobile Banking app! You can now manage your MPF account via the app. Download or update the latest version and experience the below key new features now: 

• View MPF account balances and asset distribution
• Look over MPF constituent funds cumulative performance
• Straight through fund switching instruction

You can click here to learn more about the HSBC HK Mobile Banking app. 

^# with earliest DDA date on or before 31 December 2019

The respective cut-off dates in the table above were determined by reference to the time required for the relevant request/instruction to be processed in the normal business manner.

The latest edition of "HSBC Retirement Monitor* (December 2019) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement.

*The "HSBC Retirement Monitor" was commissioned by HSBC MPF with The Association of Superannuation Funds of Australia conducting the research and analysis.

Automatic Exchange of Financial Account Information (‘AEOI’) in tax matters will take effect on 1 January 2020. HSBC Mandatory Provident Fund - SuperTrust Plus, which is a Hong Kong financial institution for AEOI purposes, will be required to identify its scheme participants’ tax residency and will disclose the information to the Hong Kong Inland Revenue Department only if it is legally obliged to do so. 

For further details in relation to the AEOI, please refer to the notice to scheme participants, supplement to the ‘Principal Brochure’ and the ‘Frequently Asked Questions’.

Likewise, relevant forms will be amended to reflect the changes and will be posted on the HSBC MPF website in or around mid-December 2019.

HSBC MPF has launched a new Retirement Planner which serves as a DIY tool for you to better plan for your retirement.

The major improvements of this new calculator over the old one are:

1. Better interface and simpler to use - answer 6 questions and the calculator will provide projected retirement outcomes for you;
2. Simple to understand – the results are shown as a range of projected outcomes under different scenarios rather than a single deterministic number;
3. Ability to adjust on the fly - on the result page, you can adjust the input parameters, such as retirement age, monthly saving, etc. and the results will be updated instantly - you can easily adjust your plan to achieve the desired projected outcome;
4. Cater for different risk appetite – the new calculator allows you to specify your risk appetite to drive the underlying investment assumption for the projected outcomes.

Check out the new Retirement Planner by clicking here and start planning for your desired retirement life!

Starting from 30 September 2019, the webpages of HSBC 'MPF/ORSO' will be moved from the ‘Insurance’ section of the HSBC’s website to the ‘Banking’ section of the website. If you would like to visit the HSBC 'MPF/ORSO' webpages through the homepage of HSBC website, please select ‘Explore MPF/ORSO service’ under the ‘Banking’ section.  The web address (URL) of the webpages remain unchanged, and you can continue visiting the HSBC 'MPF/ORSO' webpages via the web address www.hsbc.com.hk/mpf.

Long holidays is coming soon. There are only 6 business days (i.e. 2^nd,3^rd, 4^th, 8^th, 9^th and 10^th of October) from the first day of the month to the contribution day (i.e. 10 October 2019). Employers are reminded to submit remittance statement and make contribution payment before the contribution day that commence on 10^th October 2019. For employers who submit the remittance statement and/or cheque by mail, please be reminded to allow sufficient mail delivery time. Ensure the remittance statement and/or cheque reaches HSBC MPF on or before the contribution day.

The latest edition of "HSBC Retirement Monitor* (September 2019) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement. 

*The "HSBC Retirement Monitor" was commissioned by HSBC MPF with The Association of Superannuation Funds of Australia conducting the research and analysis.

The latest edition of "HSBC Retirement Monitor* (September 2019) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement. 

*The "HSBC Retirement Monitor" was commissioned by HSBC MPF with The Association of Superannuation Funds of Australia conducting the research and analysis.

The August 2019 Edition of ‘Member Information’ is now available on HSBC MPF website. In this edition, we would like to share with you updates of HSBC MPF including:

• MPF awards
• Merger of HSBC MPF schemes and reduction in management fees 
• HSBC MPF WeChat Official Account 
• Unveiling our new MPF publications 
• Tax Deductible Voluntary Contributions (TVC)
• Keep your contact details updated with us 
• Upgraded MPF Fund Platform helps scheme members select value-for-money funds  
• Guaranteed interest rate

For details, please click here for the latest ‘Member Information’. 

The HSBC Mandatory Provident Fund – ValueChoice (the ‘HSBC ValueChoice‘) has been merged into the HSBC Mandatory Provident Fund – SuperTrust Plus (the ‘HSBC SuperTrust Plus‘) with effect from 1 July 2019. Six new constituent funds were launched to the HSBC SuperTrust Plus by replicating the corresponding constituent funds in the HSBC ValueChoice and increasing the total number of fund choices in the HSBC SuperTrust Plus from 14 to 20.

The management fees of the North American Equity Fund and the European Equity Fund under the HSBC SuperTrust Plus have been reduced from 1.35% per annum of Net Asset Value to 1.30% per annum of Net Asset Value from 1 July 2019 onwards as well.

For the details of the above, please refer to the supplement to the ‘Principal Brochure’. 

Moreover, the Guaranteed Interest Rate for the Guaranteed Fund available under HSBC SuperTrust Plus is 0.15% per annum in the scheme financial period from 1 July 2019 to 30 June 2020. Please refer to the below for full details of the guarantee features and Guarantee Conditions: 

• 'Guarantee features' section under 'Guaranteed Fund' in Part II – Fund Structure of the HSBC SuperTrust Plus ‘Principal Brochure’ issued on 1 November 2018; and
• First Supplement to the HSBC SuperTrust Plus ‘Principal Brochure’ issued on 1 April 2019.

You may like to take this opportunity to review your investment option instruction and make the most suitable investment options that fit your circumstances.

With effect from 1 July 2019, the HSBC Mandatory Provident Fund – ValueChoice ("ValueChoice") will be merged into the HSBC Mandatory Provident Fund – SuperTrust Plus ("SuperTrust Plus"). 

For ValueChoice members: To facilitate the merger exercise, dealing instruction and enquiry through the HSBC Personal Internet Banking and interactive voice response system will be suspended temporarily from 4pm 27 June 2019 till 11:59pm 1 July 2019 (excluding enquiry of "Portfolio Projection on MPF Benefits" on HSBC Personal Internet Banking).

For SuperTrust Plus members: The relevant services on HSBC Personal Internet Banking and interactive voice response system will not be affected.

For details of the HSBC MPF scheme mergers, please refer to the scheme participants’ notice and frequently asked questions. 

The latest edition of "HSBC Retirement Monitor* (June 2019) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement. 

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis.

Long holidays is coming soon. There are only 5 business days (i.e. 3^rd, 4^th, 5^th, 6^th and 10^th of Jun) from the first day of the month to the contribution day (i.e. 10 June 2019). Employers are reminded to submit remittance statement and make contribution payment before the contribution day that commence on 10^th June 2019. For employers who submit the remittance statement and/or cheque by mail, please be reminded to allow sufficient mail delivery time. Ensure the remittance statement and/or cheque reaches HSBC MPF on or before the contribution day.

Hang Seng Indexes Company Limited has announced to enhance the Hang Seng China Enterprises Index (the ‘Relevant Index’) starting from 17 June 2019, changes include the limit on the number of Red-chip and P-chip constituents of the Relevant Index will be removed. . 

Currently, the investment objective of the Hang Seng China Enterprises Index Tracking Fund (the ‘Relevant Constituent Fund’) and its underlying fund, i.e. Hang Seng China Enterprises Index ETF is to match as closely as practicable the performance of the Relevant Index. Notwithstanding the mentioned index enhancements, there will be no change in the investment objective and policy to the Relevant Constituent Fund. 

For details of the index enhancements, please refer to the notice to scheme participants and the supplement to the 'Principal Brochure'. 

HSBC MPF brings you a brand new self-service experience by extending our service to WeChat platform. Key highlights of our WeChat account includes:

• Virtual Assistant ‘Emma’ to provide answers for general enquiry anytime, anywhere
• Easy access to HSBC MPF information and latest updates
• Tips on MPF account management and retirement planning
• Available on both Android and iPhone platforms

Act now! Search WeChat ID “HSBCMPF” to follow our HSBC MPF WeChat Official Account! For further details, please refer to HSBC MPF WeChat Official Account dedicated page.

The Mandatory Provident Fund Schemes Authority ('MPFA') organises an annual Good MPF Employer Award to promote and foster employers' compliance with MPF legislation, encourage employers to provide better retirement benefits for their employees and recognise employers who are exemplary in enhancing the retirement benefits of their employees. Awardees will receive Award certificate from the MPFA and be entitled to use the Award logo. Awardees' names will be published on the MPFA website for public's reference.

Good MPF Employer Award is marking fifth anniversary this year, in addition to the existing “e-Contribution Award” and “MPF Support Award”, two new awards will be introduced this year. Employers who fulfil the relevant requirements will be presented with one or both of the following awards:

• Good MPF Employer 5 Years Award
  Employers who have received a Good MPF Employer Award for five consecutive years
• MPF Excellent Employer
  Of the employers eligible for the Good MPF Employer 5 Years Award, those who have offered more than one Mandatory Provident Fund (MPF) scheme and MPF voluntary contributions for all of their employees during the 2018-19 financial year
  

The Good MPF Employer Award 2018-19 is now open for application and nomination, interested employers should submit the completed application form to the MPFA no later than 30 June 2019. Employees may also nominate their employers for the Award. For details on the privileges, eligibility and application of the Award, please visit the MPFA's Good MPF Employer Award website at www.mpfa.org.hk/goodMPFemployer.

HSBC MPF always strive to deliver high level of MPF products and services at all times, therefore, we are pleased to announce that there are several initiatives have been / will be effected.

1. The tax deductible voluntary contributions (‘TVC’) has been effected on 1 April 2019. MPF voluntary contributions made in a TVC account set up by members of the HSBC Master Trusts can enjoy certain tax concessions designed to enable members to meet the long-term saving objective for retirement protection.
2. The management fees of the North American Equity Fund and the European Equity Fund under the HSBC Mandatory Provident Fund - SuperTrust Plus (‘HSBC SuperTrust Plus’) will be reduced from 1.35% pa of NAV to 1.30% pa of NAV from 1 July 2019 onwards.
3. Subject to the HSBC Mandatory Provident Fund – ValueChoice being successfully merged with the HSBC SuperTrust Plus from 1 July 2019, six new Constituent Funds will be established under the HSBC SuperTrust Plus with effect from the same date.

For the details of the above, please click TVC, Management Fee Reduction and New Constituent Funds for the notices to scheme participants.

HSBC MPF strives to provide the best customer experience therefore we have revamped the MPF publications. The new publications take effect from 1 April 2019, aim at using simple and easy-to-understand language to introduce HSBC MPF product and service offerings. What’s more, the new publications also included information of the recently launched Tax Deductible Voluntary Contribution.

The new publications listed below are now available in designated HSBC branches and on HSBC MPF website, you can click here to check them out!

Employer Service Guide – an administrative and service handbook for our employers
Member Service Guide – a servicing handbook for our members to get the most from the services provided by HSBC MPF
HSBC MPF Overview – an introduction on the MPF schemes to all participants
Service Channel Guide – a step-by-step guide to direct our members how to engage different service channels

Subject to relevant regulatory approval, the HSBC Mandatory Provident Fund – ValueChoice ("ValueChoice") will be consolidated into the HSBC Mandatory Provident Fund - SuperTrust Plus ("SuperTrust Plus") with effect from 1 July 2019 (“the Merger”).   If you would like to learn more about the scheme consolidation, a seminar will be held at 1:45pm on 18 May 2019 at the Hong Kong Convention and Exhibition Centre. To register your attendance, please enter into our event information page, then click on the ‘Register Now’ button, and select Seminar 2 (‘S2’) to confirm your attendance. Seats are limited and available on a first-come-first-served basis. We look forward in seeing you there. 

Note: each person is eligible to register for a maximum of one Seminar and one workshop. 

The tax deductible voluntary contributions (‘TVC’) takes effect on 1 April 2019. MPF voluntary contributions made in a TVC account set up by members of the HSBC Master Trusts can enjoy certain tax concessions designed to enable Members to meet the long-term saving objective for retirement protection.

For further details, please visit our designated TVC webpage. You may also click here for the supplement to the 'Principal Brochure' and the ‘Frequently Asked Questions’ in relation to the TVC.

Subject to relevant regulatory approval, the HSBC Mandatory Provident Fund – ValueChoice ("ValueChoice") will be merged into the HSBC Mandatory Provident Fund - SuperTrust Plus ("SuperTrust Plus") with effect from 1 July 2019 (“the Merger”).  Six new constituent funds will be added to the SuperTrust Plus by replicating the corresponding constituent funds in the ValueChoice and increasing the total number of fund choices to 20.  After the Merger, these six new constituent funds and five of the existing matching constituent funds in HSBC MPF SuperTrust Plus will share the same name, investment objective and policy, fee level and fees and charges structure as the existing 11 constituent funds in HSBC MPF ValueChoice.

For further details, please refer to the scheme participants’ notice and frequently asked questions

The latest edition of "HSBC Retirement Monitor* (March 2019) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement. 

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis.

Regular review is conducted on the risk ratings for the constituent funds under the HSBC Mandatory Provident Fund schemes and the latest risk rating review has been completed. Due to the continuous rise in volatility in the Hong Kong equity market over recent years, with effect from 1 March 2019, the risk rating for Hang Seng Index Tracking Fund of the HSBC Mandatory Provident Fund - SuperTrust Plus and ValueChoice will be raised from ‘4’ to ‘5’. 

The risk ratings for other constituent funds under the HSBC Mandatory Provident Fund schemes remain unchanged. To obtain the latest information on risk ratings, please refer to the latest ‘Monthly Fund Performance Summary’ and/or ‘Fund Fact Sheet’. Should you have any queries, please contact our HSBC MPF Member Hotline on (852) 3128 0128. 

Please note that the above risk ratings are provided for reference only and should not be regarded as investment advice.

Due to the upcoming Chinese New Year long holidays, there are only 4 business days (i.e. 1st, 4th, 8th and 11th) before the deadline for January 2019 contribution, i.e. 11th February 2019. Employers are reminded to submit remittance statement and make contribution payment earlier to avoid missing the contribution deadline.  For employers who submit remittance statement and/or cheque by mail, please ensure you allow sufficient time for the remittance statement and/or cheque to reach HSBC MPF on or before the contribution deadline.

The latest edition of "HSBC Retirement Monitor* (December 2018) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement.

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis.

To offer you better web browsing experience, HSBC MPF brings you a new look with new functions:

1. Responsive design - Enhanced web pages render well on a variety of devices and screen sizes which work well with desktop computers, tablets and smartphones
   
2. Integrated tool bar - Newly designed, always-on important information toolbar to provide all the handy information that you need, i.e. documents, management fees, and performance etc
3. Seamless customer journey :
   • Dedicated pages for self-employed and employee
   • “MPF Academy” is a hub of educational contents
   • Associated contents via quick links for intuitive browsing

With effect from 1 November 2018, HSBC Life (International) Limited has ceased to be the Administrator of the HSBC Master Trusts and The Hongkong

and Shanghai Banking Corporation Limited, has become the Administrator of the HSBC Master Trusts.

Notwithstanding the changes described above, there are no changes or suspension to the services (e.g. HSBC MPF Employer / Member Hotline, Business

Internet Banking / Personal Internal Banking and Interactive Voice Response System) or offerings that were provided to you immediately before the

change of the Administrator. The change of the Administrator does not affect your account balances or accrued benefits under the HSBC Master Trusts

and investment option in the HSBC Master Trusts.

To reflect the change of the Administrator of the HSBC Master Trusts, the relevant ‘Principal Brochures’, MPF publications and administration forms have

been updated and they are available on our HSBC MPF website at www.hsbc.com.hk/mpf for download now.

The Pacific Place Branch, one of the designated branches for MPF services and enquiries and with MPF drop-in box, will be closed after 15 September 2018. Please visit the Hong Kong Office or other designated branches for MPF services and enquiries and with MPF drop-in box.

Address of Hong Kong Office is:

Level 3 & BL1, 1 Queen's Road Central, Central, Hong Kong

Please click here to view the full list of designated branches for MPF services and enquiries and here to view the full list of designated branches with MPF drop-in box.

The latest edition of "HSBC Retirement Monitor* (September 2018) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement.

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis.

The August 2018 Edition of 'Member Information' is now available on HSBC MPF website. In this edition, we would like to share with you updates of HSBC MPF including:

• MPF awards
• Electronic services
• 'MPF Academy'
• Changes to HSBC MPF ValueChoice - Hang Seng H-Share Index Tracking Fund
• Guarantee interest rate
• Update of risk ratings for constituent funds
• Trustee charter sign-off ceremony
• MPFA launches one-stop Fund Performance Platform

For details, please click here for the latest 'Member Information'.

Various changes are being made to HSBC Mandatory Provident Fund - SuperTrust Plus and HSBC Mandatory Provident Fund - ValueChoice (collectively, the "HSBC Master Trusts").

1. With effect from 1 November 2018, HSBC Life (International) Limited will cease to be the Administrator of the HSBC Master Trusts and The Hongkong and Shanghai Banking Corporation Limited, will be the Administrator of the HSBC Master Trusts.
   
   Notwithstanding the changes described above, there will not be any changes or suspension to the current services (e.g. HSBC MPF Employer / Member Hotline, Business Internet Banking / Personal Internal Banking and Interactive Voice Response System) or offerings that are being provided to you and there will not be any action required from you to continue enjoying the services.
   
   
2. With immediate effect, the 'Principal Brochures' of each of the HSBC Master Trusts will be updated to (i) disclose the breakdown of the management fee of each Constituent Fund and corresponding underlying approved pooled investment fund(s) and/or ITCIS(s) and (ii) simplify the investment policies of 2 index tracking funds per their existing actual investment arrangements.
   
   The disclosure of the breakdown of the management fee aims to provide you with more information, so that, you can better manage your MPF portfolio. Please rest assured, the management fee level in respect of each Constituent Fund will remain unchanged.
   
   

For further details to the changes, you may click the items below:

The Guaranteed Interest Rate for the Guaranteed Fund available under HSBC Mandatory Provident Fund - SuperTrust Plus is 0.125% per annum in the scheme financial period from 1 July 2018 to 30 June 2019. Please refer to the 'Guarantee features' section under 'Guaranteed Fund' in Part II - Fund Structure of the 'Principal Brochure' of HSBC Mandatory Provident Fund - SuperTrust Plus for full details of the guarantee features and Guarantee Conditions.

The latest edition of "HSBC Retirement Monitor* (June 2018) " is now available on HSBC MPF website. You can click here to understand the estimated expenditure for living in Hong Kong after retirement.

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis.

Regular review is conducted on the risk ratings for the constituent funds under the HSBC Mandatory Provident Fund schemes and the latest risk rating review has been completed. Due to an increase in volatility in the Hong Kong and Chinese equity markets over recent years, with effect from 1 June 2018, the risk ratings for Hong Kong and Chinese Equity Fund of the HSBC Mandatory Provident Fund - SuperTrust Plus will be raised from '4' to '5'.

The risk ratings for other constituent funds under the HSBC Mandatory Provident Fund schemes remain unchanged. To obtain the latest information on risk ratings, please click here for referring to the latest 'Monthly Fund Performance Summary' and/or 'Fund Fact Sheet'. Should you have any queries, please contact our HSBC MPF Member Hotline on (852) 3128 0128.

Please note that the above risk ratings are provided for reference only and should not be regarded as investment advice.

The Mandatory Provident Fund Schemes Authority ('MPFA') organises an annual Good MPF Employer Award to recognise employers who have complied with the MPF legislation and in enhancing the retirement benefits of their employees. Awardees will receive Award certificate from the MPFA and be entitled to use the Award logo and enjoy privileged services from the MPFA. Awardees' names will be published on the MPFA website for public's reference.

Starting from last year, two new awards have been added to the programme: the e-Contribution Award, for efforts to adopt an electronic system for MPF administration, and the Support for MPF Management Award, for efforts to encourage employees to actively manage their MPF. Companies/organizations that qualify for the Good MPF Employer Award and fulfil the assessment criteria for one or both of the new awards will receive extra recognition.

The Good MPF Employer Award 2017-18 is now open for application and nomination, the deadline for application is 30 June 2018. This year, employers can submit application form online on MPFA's Good Employers Award website apart from submitting the form by email, fax or post, or in person to MPFA. Employees may also nominate their employers for the Award. For details on the privileges, eligibility and application of the Award, please visit the MPFA's Good MPF Employer Award website at www.mpfa.org.hk/goodMPFemployer.

The March 2018 Edition of 'Member Information' is now available on HSBC MPF website. In this edition, we would like to share with you updates of HSBC MPF including:

• HSBC MPF awards
  
• HSBC MPF Fee reductions
• Revamp of 'HSBC Retirement Monitor'
• HSBC MPF wealth management seminars
• MPF assets surpass $800 billion
• Achieving a desirable retirement life
• Personal account consolidation for easy management
• Update of risk ratings for constituent funds

For details, please click here for the latest 'Member Information'.

The latest version of the Personal Information Collection Statement for HSBC Mandatory Provident Fund is now available on HSBC MPF website. You can download it from the "Download Forms and Documents" in HSBC MPF website or click here to download directly.

What is the estimated expenditure for living in Hong Kong after retirement? The "HSBC Retirement Monitor"* was first launched in December 2015 to answer this question by providing an objective analysis.

Since launch, we have been collecting customer feedbacks on the "HSBC Retirement Monitor". In order to make the figures more relevant and useful for retirement planning, we have fine-tuned some of the assumptions underlying the model, and have also created a new "Modest" lifestyle in addition to the 3 existing lifestyles (basic, comfortable, affluent), starting from the March 2018 edition. You can click here for details.

*The "HSBC Retirement Monitor" was commissioned by HSBC with the Association of Superannuation Funds of Australia conducting the research and analysis. 

Regular review is conducted on the risk ratings for the constituent funds under the HSBC Mandatory Provident Fund schemes and the latest risk rating review has been completed. Due to an increase in volatility in the global bond market over recent years, with effect from 1 March 2018, the risk ratings for Global Bond Fund of the HSBC Mandatory Provident Fund - SuperTrust Plus and ValueChoice have been raised from '1' to '2'.

The risk ratings for other constituent funds under the HSBC Mandatory Provident Fund schemes remain unchanged. To obtain the latest information on risk ratings, please click here for referring to the latest 'Monthly Fund Performance Summary' and/or 'Fund Fact Sheet'. Call our HSBC MPF Member Hotline at +852 3128 0128 if you have any questions.

The above risk ratings are provided for reference only and should not be regarded as investment advice.

With effect from 1 December 2017, the management fees of 10 out of 25 Constituent Funds under HSBC MPF schemes have been reduced. Certain cosmetic changes have also been made in the 'Principal Brochures' of relevant schemes with immediate effect. Please click here for the notice to scheme participants.

For details of the management fees and other applicable fees, charges and expenses of the constituent funds, please click here for the relevant 'Principal Brochure' and supplements to the 'Principal Brochure'.

To offer a more convenient MPF service, Shatin Branch has set up MPF drop-in box to facilitate documents submission.

Address of Shatin Branch: 
Shop No. 30D, Level 3, Shatin Centre Shopping Arcade, Sha Tin, NT

Please click here to view the full list of designated branches with MPF drop-in box.