The Hong Kong Mandatory Provident Fund Schemes Authority and eMPF Platform Company Limited published their 2025-26 annual reports, showing total Mandatory Provident Fund assets exceeded HKD 1.5 trillion at the end of March 2026, more than 150% above the level a decade earlier. Annual contributions reached HKD 91.23 billion, exceeding HKD 90 billion for a second consecutive financial year, with voluntary contributions accounting for 26% of the total. The reports also capture the completion of the eMPF Platform rollout, with all 24 schemes covering more than 280,000 employers and nearly 5 million members onboarded after the final scheme joined in April. The platform had processed more than 11.8 million transactions by the end of April, and about 78% of instructions were submitted digitally. From April 1, the eMPF fee fell from 37 to 29 basis points, half the average administration fee charged by trustees before the platform launched. Legislative amendments for the first phase of full MPF portability were also approved. Tax-deductible voluntary contribution accounts reached 101,000, with cumulative contributions of HKD 15.61 billion. Default Investment Strategy funds held HKD 169.61 billion across about 3.7 million accounts, while the authority recovered HKD 177 million in default contributions for more than 90,000 employees. The eMPF Company recorded a HKD 1.189 billion surplus that will be retained as operating reserves, with any future excess above the required reserve level earmarked for further fee reductions.

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