The Mandatory Provident Funds Schemes Authority (MPFA) is set to launch its eMPF digital platform in Q2, with full functionality expected by Q4 2025. This initiative, starting with five small trustees, aims to streamline provident fund management for the public, reducing administrative fees significantly. MPFA’s Managing Director Cheng Yan-chee projects a 30% fee reduction in the first two years, leading to HKD30-40bn in savings over ten years. The MPF system has seen a 2.5% annual net return since 2000, with key funds outperforming inflation rates. Additionally, Hong Kong will host the International Organization of Pension Regulators’ meeting and the 2026 Private Pension Global Forum, underscoring its influence in the global pension sector.
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