5th March 2026

Sun Life Rainbow MPF Scheme named inaugural “Diamond Choice” winner as MPF’s best value scheme since system’s inception
The full winners’ list of the 2026 edition of “The MPF Awards” has now been published.
Key Highlights:
- Now in its 14th year, the 2026 edition of “The MPF Awards” is supported by major industry associations and hosted by MPF Ratings on behalf of the MPF industry.
- HSBC MPF – SuperTrust Plus was named “MPF Scheme of the Year”.
- Sun Life Rainbow MPF Scheme was awarded MPF’s inaugural “Diamond Choice” as the best value scheme since the system’s inception in December 2000.
- The evening’s three other major awards, “Trustee of the Year”, “People’s Choice”, and “Employers’ Choice”, were won by AIA, Manulife, and HSBC, respectively.
- As of February 28, 2026, MPF total assets stood at approximately $1.63 trillion, with an average account balance of $340,216 across 4.7 million members.
When featuring MPF Ratings in your stories, use Francis Chung’s most recent photo and MPF Ratings’ logo. For major award winner photos, click here.
HSBC MPF – SuperTrust Plus Shines for 4th Consecutive Year
HSBC MPF – SuperTrust Plus has been named MPF’s “Scheme of the Year” for the fourth year in a row. The award was announced at the 2026 MPF Awards, now in its 14th year. Supported by major industry associations, the event was sponsored by S&P Dow Jones Indices and hosted by MPF Ratings, an independent provider of MPF research and education.
In announcing this year’s award winners, MPF Ratings Chairman, Francis Chung (叢川普), emphasized the significance of the accolades, including the “MPF Scheme of the Year”, as well as the publicly voted awards—the “Employers’ Choice” and “People’s Choice”. This year also marked the introduction of two new major categories: “Trustee of the Year” and “Diamond Choice”, the latter recognizing the best value MPF scheme since the system’s inception in 2000.
Quotes:
Why HSBC MPF – SuperTrust Plus Won “MPF Scheme of the Year”:
“To win ‘MPF Scheme of the Year’, a scheme must deliver strong value for money, excellent investment performance, competitive fees, robust corporate governance, and high-quality service. Winning MPF’s highest award for four consecutive years demonstrates exceptional consistency. HSBC has proven its ability to deliver excellence year after year.”
Sun Life’s Rainbow MPF Scheme Recognised as Best Value Since Inception:
“MPF Ratings evaluates schemes based on their overall value for money, awarding Gold, Silver, or Bronze ratings. With average account balances at an all-time high, more members are paying attention to their MPF provider’s performance and service quality. Sun Life’s Rainbow MPF Scheme is a deserving winner of the inaugural ‘Diamond Choice’ award, thanks to its outstanding Hong Kong and China equities performance since inception, along with its commitment to sustainable investing and member education.”
The Growing Importance of Publicly Voted Awards:
“Hong Kong people want a voice in their MPF choices. Voting for The People’s Choice and Employer’s Choice has created a active MPF community of approximately 7,500 members who actively engage with high-quality financial education content. Manulife and HSBC should be proud of their respective wins in these categories.”
