28th September 2022 Market losses drive MPF total assets below major threshold Key points are as follows: September estimated MPF investment loss at the time of writing is -$69.7bn (or -$15,200 per MPF’s 4.57m MPF members). September MPF loss is the 8th monthly loss out of 9 in 2022. Estimated Year-to-date loss is approximately -$246.5bn, […]
MPF wealth unravels as global markets sell off Read More »
15th September 2022 Requirements raise accountability and is industry best practice according to leading MPF commentator Key points are as follows: MPF regulator, the Mandatory Provident Fund Schemes Authority (MPFA), announces proposal to enhance transparency of governance reporting. Notably, Governance Reports are to be signed off by Trustee boards and made public on MPFA and
New “Value for Money” disclosures set to benefit MPF members Read More »
5th September 2022 Annual average MPF loss exceeds $38,000 after August’s $5,000 decline MPF Ratings’ August MPF Performance Survey has now been uploaded. Key points are as follows: MPF produces a loss of -2.16% or -$23bn in the month of August (the equivalent of -$5,000 per MPF’s 4.59m MPF members). Year-to-date losses have grown to
Interest rate concerns put brakes on MPF returns Read More »
