The Hong Kong Mandatory Provident Fund Schemes Authority (MPFA) published a statement welcoming the Chief Executive’s 2025 Policy Address and indicated it will continue to enhance the Mandatory Provident Fund (MPF) System, including reviewing and broadening the MPF investment universe and progressing major operational and portability reforms. Against the Policy Address’s measures to deepen Hong Kong’s equity and bond markets, develop an international gold trading market, promote green and sustainable finance, and deepen international economic and trade networks, the MPFA said it will keep reviewing and optimising the MPF investment universe by balancing returns and risks. The stated aim is to enable MPF funds to invest in more diversified asset classes to better diversify risk and enhance potential returns for scheme members. The MPFA also highlighted the MPF System’s 25th anniversary and set out near-term priorities to take forward the full operation of the eMPF Platform and drive the phased implementation of full portability of MPF benefits, framed as supporting greater market competition and fee reductions.
Hong Kong Mandatory Provident Fund Schemes Authority 2025-09-17
Hong Kong Mandatory Provident Fund Schemes Authority signals broader MPF investment options and continued rollout of eMPF and benefit portability
The Hong Kong Mandatory Provident Fund Schemes Authority (MPFA) affirmed its commitment to enhancing the MPF System following the Chief Executive’s 2025 Policy Address. Initiatives include broadening the MPF investment universe, advancing operational reforms, and implementing full portability of MPF benefits to boost competition and reduce fees. The MPFA also marked the MPF System’s 25th anniversary, emphasizing its focus on balancing returns and risks for members.