Person

Ayesha Macpherson Lau

1. Hong Kong to introduce MPF 'full portability' from Dec 21, letting about 1 million employees move all contributions once a year

   Hong Kong's Mandatory Provident Fund Schemes Authority announced on Sunday, Oct 25, that 'full portability' will start on Dec 21, allowing about 1 million employees to transfer both employer and employee contributions to a scheme of their choice once each calendar year. MPFA chairman Ayesha Macpherson Lau said in a blog post that it will be rolled out in two phases to ensure a smooth transition. Under current rules, employees can only freely transfer their own contributions, while employer contributions stay in the scheme chosen by the employer.

   Oct 26, 2026 Morning