The Government and the MPFA are constantly reviewing the MPF investment regulations and tapping industry’s views with scheme members’ interest as a priority. “The eMPF Platform represents the single largest reform ever carried out by the MPFA,” she elaborated. “The way people retire is changing and most retirees plan to fund their retirement with their MPF, savings and investment.” Chiu observed. And as the eMPF Platform is going to be launched, it will be necessary for scheme members, employers and MPF practitioners to expedite their own digital transformation. It states that MPF trustees must review whether the addition of a new CF could enhance the diversity of the existing range of CFs in an MPF scheme to meet the needs of scheme members with different outcome expectations and risk appetites.

Source: The Standard December 02, 2022 08:39 UTC