The Mandatory Provident Fund (“MPF”) system was introduced by the government of the Hong Kong Special Administrative Region (“HKSAR”) in December 2000 to assist in the provision of retirement reserve for the workforce. It is one of the three pillars for old age protection in Hong Kong, complementing a social safety net and private savings and insurance. It provides retirees with retirement reserve to cover their basic financial needs.
Warning: Investment involves risks. Please refer to the MPF Scheme Brochure and Key Scheme Information Document (KSID) for details including risk factors, fees and charges of the scheme.