-
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
-
Download Forms and Documents
- MPF Academy
-
MPF e-Services Summary
-
Useful Links
- MPF Services at Branches
-
Glossary
Why Choose Hang Seng MPF?
Important Notes
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
- 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 or investing in the MPF Default Investment Strategy (the ‘DIS’). You should note that the DIS Constituent Funds, namely, the Core Accumulation Fund and the Age 65 Plus Fund, the DIS or a certain Constituent Fund may not be suitable for you. There may be a risk mismatch between the DIS Constituent Funds or a certain Constituent Fund and your risk profile (the resulting portfolio risk may be greater than your risk preference). When you are in doubt as to whether the DIS or a certain Constituent Fund is suitable for you (including whether it is consistent with your investment objectives), you should seek financial and/or professional advice. You should 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 accrued 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 (‘APIF’) 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 section 4 ‘Risks’ of the MPF Scheme Brochure for details of the credit risk.
- The guarantee in the Guaranteed Fund only applies under certain conditions. Please refer to subsection 3.4.3(f) ‘Guarantee features’ of the MPF Scheme Brochure for details of the guarantee features (including in the context of payment of accrued benefits in instalments) and the ‘Guarantee Conditions’.
- MPF Benefits, AVC Benefits and TVC Benefits are payable on a Member’s 65th birthday or on early retirement on or after reaching age 60. The accrued benefits can be paid in one lump sum or in instalments, at the Member’s election. The accrued benefits can be paid in such form and on such terms and conditions as the Trustee may, to the extent not prohibited by the MPF Ordinance or General Regulation, prescribe. Please refer to subsection 6.7(c) ‘Payment of MPF Benefits, AVC Benefits and TVC Benefits’ of the MPF Scheme Brochure for details.
- You should not invest based on the information shown on this page alone and should read the MPF Scheme 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 MPF Scheme Brochure.
- Important - if you are in doubt about the meaning or effect of the contents of the MPF Scheme Brochure, you should seek independent professional advice.
Hang Seng – Solid Foundation and Reputation
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
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
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
- 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 |
|
Administrator |
The Hongkong and Shanghai Banking Corporation Limited |
|
Trustee and Custodian |
HSBC Provident Fund Trustee (Hong Kong) Limited |
|
Investment Managers |
HSBC Global Asset Management (Hong Kong) Limited ╱ HSBC Investment Funds |
|
Hang Seng Investment Management Limited |
|
Flexible Administration Service
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
- 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 financial year (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 |
|
|
Comprehensive Service
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
- 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
- MPF Scheme 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
- MPF Scheme 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 |
|
Diversified Options of Constituent Funds
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
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
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
Members can manage their MPF accounts through any of the following channels:
| Hang Seng Personal e-Banking or MPF website |
Hang Seng Personal Banking mobile app | Hang Seng MPF Service Hotline 2213 2213 |
Hang Seng Bank and HSBC ATMs |
Account statements1 | MPF specialist stationed in designated Hang Seng Bank branches |
|
| Account service (set up or consolidate MPF accounts, make voluntary contributions, etc.) |
✓ (Account consolidation for existing MPF members with Hang Seng Bank accounts only) |
✓ | ||||
| Check account and fund balance |
✓ | ✓ | ✓ | ✓ (Check account balance only) |
✓ | ✓ |
| Check account return | ✓ | ✓ | ✓ | |||
| Check contribution history | ✓ (For the latest 18 months only) |
✓ (For the latest 12 months only) |
✓ (For the latest contribution only) |
✓ (For the latest contribution only) |
✓ | |
| Check transaction history | ✓ (For the latest 12 months only) |
✓ | ||||
| Change investment instructions |
✓ (For Portfolio Rebalance, Asset Switch, Contribution Redirection and switch into Default Investment Strategy ('DIS') only) |
✓ (For Portfolio Rebalance, Asset Switch, Contribution Redirection and switch into Default Investment Strategy ('DIS') only) |
✓ (For Portfolio Rebalance and Contribution Redirection only) |
✓ | ||
| Check the latest unit prices and fund cumulative performance | ✓ | ✓ | ✓ (For the latest unit prices only) |
✓ | ||
| Check fund information | ✓ | ✓ | ✓ | |||
| Check MPF e-Statement / e-Advice* | ✓ | |||||
| Change contact details, e-Banking password or MPF phone PIN | ✓ (Change contact details and e-Banking password only) |
✓ (Change MPF phone PIN only) |
✓ |
* For details on how to register for the MPF e-Statement / e-Advice, please click here.
Enjoy the Advantages of Integrated Financial Services
drag component begin------------------------------------------------------------------------
drag component end------------------------------------------------------------------------
- Single logon to Hang Seng Personal e-Banking or Hang Seng Personal Banking mobile app to manage MPF and bank accounts at one stop
- Check your MPF account balance through your statement of integrated account if you are a Hang Seng integrated account holder
- Hang Seng MPF balance is included in ‘Total Relationship Balance’ and this would help you get closer to Hang Seng Prestige Banking or Hang Seng Preferred Banking account
Members can enjoy additional benefits from Hang Seng Bank’s financial services:
- Applicable to Hang Seng Bank integrated account holders.
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 MPF Scheme Brochure.
Issued by Hang Seng Bank Limited
Contact Us |
|
Hang Seng MPF Hotline
|
Make an e-Appointment
|
| Existing MPF Customers | Make a reservation online and meet with our MPF Specialists at designated branches |
| - 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 |