24th February 2025
Manulife Global Select (MPF) Scheme
On Thursday the 27th of February, MPF’s “Scheme of the Year” will be announced at the 2025 and 13th edition of “The MPF Awards”. Leading up to MPF’s night of nights, MPF Ratings (MPFR) asked Mr MPF to review the finalists and offer his personal insights into what makes MPF’s most successful schemes a contender for MPF’s biggest prize of them all, MPF’s Scheme of the Year.
What we like
- Diverse investment options
- Innovative sponsor and trustee
- Excellent customer engagement
- Very well supported in the market
- Online and digital services
Background
MPF Scheme of the Year finalists must be Gold rated by MPF Ratings (MPFR), MPF’s independent provider of research, views and education. Gold-rated schemes are identified as schemes that should deliver the best value for money and by doing so offer MPF members a positive and holistic MPF experience.
At $349.1bn in size as at end of 2024, Manulife Global Select (MPF) Scheme accounts for 27% of MPF’s total assets, making it the system’s largest MPF scheme.
What Mr MPF says about Manulife Global Select (MPF) Scheme
“There’s always a risk that, upon reaching the top, one rests on their laurels, allowing the market to catch up. However, Manulife’s Global Select (MPF) Scheme is not one of those cases. As the largest MPF scheme, it has leveraged its dominance to stay ahead of competitors, further widening its lead in the race for MPF market share.
Manulife benefits from an extensive agency network, but products and services don’t succeed unless they are high-quality and resonate with customers. Manulife has a strong track record of customer engagement, as demonstrated by initiatives like their buysimple.hk portal—a dedicated one-stop online platform for the Voluntary Health Insurance Scheme (VHIS) and MPF. More recently, they launched a digital investment advice pilot program in partnership with Syfe, a leading digital wealth platform provider.
Manulife’s relentless commitment to meeting customer needs has earned them the title of MPF’s “People’s Choice” winner for six consecutive years as of 2024, and this dedication continues to be recognized. In 2025, they will receive the “Best Use of Technology” and “Best Employer Experience” awards at the 13th edition of “The MPF Awards.”
The information contained in this blog was written by MPF Ratings, Hong Kong’s independent provider of MPF research, views and education and is general in nature, and does not take into account your personal situation. Additionally, you should consider whether the information contained herein is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
