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Why Choose Hang Seng MPF?
- Product Information
- Unit Prices and Performance
- Employers
- Employees/Self-Employed Persons
- Personal Account Members
- Tax Deductible Voluntary Contributions Account Holders
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Download Forms and Documents
- MPF Academy
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MPF e-Services Summary
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Useful Links
- MPF Services at Branches
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Glossary
Why Choose Hang Seng MPF?
Important Notes
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- The Hang Seng Mandatory Provident Fund – SuperTrust Plus is a mandatory provident fund scheme.
- You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of funds, you are in doubt as to whether a certain fund is suitable for you (including whether it is consistent with your investment objectives), you should seek financial and/or professional advice and choose the fund(s) most suitable for you taking into account your circumstances.
- You should consider your own risk tolerance level and financial circumstances before investing in the MPF Default Investment Strategy. You should note that the DIS constituent funds, namely, the Core Accumulation Fund and the Age 65 Plus Fund, may not be suitable for you, and there may be a risk mismatch between the DIS constituent funds and your risk profile (the resulting portfolio risk may be greater than your risk preference). You should seek financial and/or professional advice if you are in doubt as to whether the DIS is suitable for you, and make the investment decision most suitable for you taking into account your circumstances.
- You should note that the implementation of the DIS may have an impact on your MPF investments and benefits. We recommend that you consult with the Trustee if you have doubts on how you are being affected.
- The Guaranteed Fund invests solely in an approved pooled investment fund in the form of an insurance policy provided by HSBC Life (International) Limited. The guarantee is also given by HSBC Life (International) Limited. Your investments in the Guaranteed Fund, if any, are therefore subject to the credit risks of HSBC Life (International) Limited. Please refer to the 'Warning' section under 'Guaranteed Fund' in Part II - Fund Structure of the 'Principal Brochure' for details of the credit risk.
- The guarantee in the Guaranteed Fund only applies under certain conditions. Please refer to the ‘Guarantee features‘ section under ‘Guaranteed Fund‘ in Part II – Fund Structure of the ‘Principal Brochure‘ for full details of the guarantee features and Guarantee Conditions, including the guarantee features in the context of payment of benefits in instalments.
- MPF Benefits, AVC Benefits and TVC Benefits payable on a Member's 65th birthday or early retirement on or after his/her reaching age 60 can be paid in one lump sum or in instalments, at the Member's election (in such form and on such terms as the Trustee may, to the extent not prohibited by the 'MPF Ordinance' or General Regulation, prescribe). Please refer to the 'Payment of MPF Benefits, AVC Benefits and TVC Benefits' section under 'Payment of benefits' in Part I - Product Information of the 'Principal Brochure' for full details.
- You should not invest based on this page alone and should read the ‘Principal Brochure’.
- Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the 'Principal Brochure'.
Hang Seng – Solid Foundation and Reputation
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Founded in 1933, Hang Seng Bank is one of Hong Kong’s largest listed companies. With our solid financial standing and excellent service, you can rest assured that your MPF investments are in good hands. You can count on our support for all your MPF needs – today and in the years to come.
Experience You Can Trust
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- Founded in 1933
- One of the Hong Kong’s largest listed companies
- Established in 1865 and is the founding member of the HSBC Group
- One of the world’s largest banking and financial services organisations
- Incorporated in Hong Kong and is registered as a Trust Company under the Trustee Ordinance and an Approved Trustee under the Mandatory Provident Fund Schemes Ordinance
- Over 40 years of experience in managing retirement funds
- One of Hong Kong’s largest retirement fund managers
- experienced worldwide fund management teams
- global investment planning platform supported by a worldwide network
- Investment arm of Hang Seng Bank
- Extensive experience in managing index-tracking funds, retirement funds, institutional accounts and private client portfolios
Four separate aspects are involved in operating an MPF scheme: sponsor, trustee and custodian, administrator and investment managers. It is important that each party is financially sound and has the experience and expertise to handle your money.
Sponsor |
Hang Seng Bank Limited |
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Administrator |
The Hongkong and Shanghai Banking Corporation Limited |
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Trustee and Custodian |
HSBC Provident Fund Trustee (Hong Kong) Limited |
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Investment Managers |
HSBC Global Asset Management (Hong Kong) Limited ╱ HSBC Investment Funds |
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Hang Seng Investment Management Limited |
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Flexible Administration Service
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- Electronic remittance statement via Hang Seng Business e-Banking MPF and Payroll Services
- Electronic remittance statement via designated securemail account and submission channel
- HR software with facilities to handle MPF contribution calculation
- File interface arrangement
- Paper-based remittance statement
- Fixed Amount
- Percentage of the relevant income, either by contribution formula or a flat contribution percentage
- Lump sum contributions
- Self-arranged contribution instruction totally independent of any employer
- Monthly contributions as low as HK$300 via direct debit
- Lump sum contributions as low as HK$1,000
- Up to 12 times per scheme financial period (from 1 July each year to the following 30 June) without any handling charge
- Subject to a minimum withdrawal amount of HK$5,000 each time
- Self-arranged contribution instruction totally independent of any employer
- Enjoy tax concession in accordance with the Inland Revenue Ordinance
- Balances of tax deductible voluntary contributions account are subject to the same vesting, preservation and withdrawal restrictions applicable to mandatory contributions
Hang Seng MPF provides straightforward contribution methods and various voluntary contribution arrangements for employers. Members can also prepare for their future retirement life accordingly with our flexible arrangement tool - Hang Seng MPF Flexi-Contributions.
Employer |
Member |
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Comprehensive Service
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- Hang Seng MPF Employer Direct 2288 6822
- Quarterly Fund Fact Sheet
- Monthly Fund Performance Summary
- Updates of relevant MPF news
- Providing employers with advice and total planning in employee benefits
- MPF statements
- Hang Seng MPF Overview on scheme features, constituent funds and general MPF information
- Principal Brochure on product features and risks involved
- Employer Service Guide on MPF scheme management
- Periodic employer seminars
- Hang Seng MPF Service Hotline 2213 2213
- Quarterly Fund Fact Sheet
- Monthly Fund Performance Summary
- Updates of relevant MPF news
- MPF Member Benefit Statement
- Hang Seng MPF Overview on scheme features, constituent funds and general MPF information
- Principal Brochure on product features and risks involved
- Member Service Guide on MPF account management
- Periodic MPF seminars
Hang Seng MPF provides comprehensive services for employers and members including:
Employer |
Member |
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Diversified Options of Constituent Funds
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At Hang Seng, we provide a range of diversified constituent funds to meet your unique retirement needs. Members can choose from a list of constituent funds available under the MPF scheme, for details please click here.
Diversified Member Account Management Service
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Members can manage their MPF accounts through any of the following channels:
| Hang Seng Personal e-Banking or MPF website |
Hang Seng MPF Service Hotline 2213 2213 |
Hang Seng Bank and HSBC ATMs |
Account statements | MPF specialist in designated Hang Seng Bank branches |
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| Account service (set up or consolidate MPF accounts, make voluntary contributions, etc.) |
✓ | ||||
| Check account and/or fund balance |
✓ | ✓ | ✓ (Check account balance only) |
✓ | ✓ |
| Check latest contribution | ✓ | ✓ | ✓ | ✓ | |
| Change investment instructions |
✓ (For Portfolio Rebalance, Asset Switch and Contribution Redirection only) |
✓ (For Portfolio Rebalance and Contribution Redirection only) |
✓ | ||
| Change e-Banking password, personal details or MPF phone PIN |
✓ (Change e-Banking password or address only) |
✓ (Change MPF phone PIN only) |
✓ | ||
| Check latest unit prices by fund |
✓ | ✓ | ✓ | ||
| Check fund information | ✓ | ✓ |
Enjoy the Advantages of Integrated Financial Services
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- Single logon to the Hang Seng Personal e-Banking to manage your wealth and MPF account(s) at one glance
- Check your MPF account balance through your statement of integrated account if you are a Hang Seng integrated account holder
- Hang Seng MPF members’ MPF balance (including the personal account balance) will be calculated in the ‘Total Relationship Balance’2 under your Integrated Accounts3. Simply maintain the ‘Total Relationship Balance’2 at the designated amount or above to enjoy the monthly fee waiver
Members can enjoy additional benefits from Hang Seng Bank’s financial services:
- Applicable to Hang Seng Bank integrated account holders.
- The Total Relationship Balance is the monthly aggregate balance of the daily average of all deposits, gold accounts, securities, investment funds, utilized overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by Hang Seng Bank as an agent as well as Hang Seng MPF balance. For sole name Integrated Account holders, their other joint name account(s) will also be included.
- Integrated Accounts include Prestige Banking, Preferred Banking or Integrated Account.
Additional voluntary contributions, Flexi-Contributions and tax deductible voluntary contributions are accepted at the discretion of the Trustee. The Trustee reserves the absolute right not to accept any additional voluntary contributions, Flexi-Contributions and tax deductible voluntary contributions at any time.
Issued by Hang Seng Bank Limited
Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the ‘Principal Brochure’.
Issued by Hang Seng Bank Limited
| Contact Us | |
Hang Seng MPF Hotline
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MPF Specialists at Designated Branches
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| Existing MPF Customers | Service hours:Mon - Fri,9 am to 5 pm |
| - Employers: 2288 6822 | |
| - Members / Self-employed persons: 2213 2213 | |
| - HKSARG Employees: 2269 2269 | |
| Non-existing MPF Customers | |
| - Enquiries / Apply for Hang Seng MPF: 2997 2838 |