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BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 00:00 on 26th May, 2024 to 08:00 on 27th May, 2024 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.
Entering its 10th anniversary this year, the 2023-24 Good MPF Employer Award organized by the Mandatory Provident Fund Schemes Authority is now open for applications and nominations. Employers who are exemplary in enhancing the retirement benefits of their employees should act now and receive the recognition you deserve! For details and online applications, please visit MPFA website here. The deadline is 15th July, 2024.
With strong experience and professional services, BEA MPF Schemes and the constituent funds have been honoured with numerous awards and recognition in the MPF industry. MPF Ratings 2024 Ratings and Awards1:
Bloomberg Businessweek / Chinese Edition “Top Funds to Watch 2023” 2:
1Source: MPF Ratings. The awards and ratings were based on MPF Ratings’ assessment criteria. For the awardees, assessment and rating criteria / methodology, please refer to http://www.mpfratings.com.hk/ratings-and-awards/. 2Source: Bloomberg Businessweek/Chinese Edition. The awards were based on Bloomberg Businessweek/Chinese Edition’s assessment criteria. For awardees, assessment criteria / methodology, please refer to http://www.bbwhkevent.com/.
The MPF Scheme Brochures of the BEA (MPF) Master Trust Scheme have been revised through the Addendum that issued on 23rd August, 2023. The BEA (MPF) Long Term Guaranteed Fund (the “BEA LTGF”) currently solely invests into the Principal Guaranteed Umbrella Fund - Principal Long Term Guaranteed Fund under the Principal Guaranteed Umbrella Fund Policy (the “Policy”) issued by Principal Insurance Company (Hong Kong) Limited (the “Insurer”). Bank of East Asia (Trustees) Limited has been informed by the Insurer that it has decided to terminate the Policy as part of its internal restructuring to demise its guaranteed fund offerings, as suggested by the Insurer‘s internal assessment of solvency and sustainability. Therefore, the BEA LTGF will be terminated on 23rd November, 2023 (“Effective Date”). For further details, please refer to the Notice To Participants and the latest MPF Scheme Brochure of BEA (MPF) Master Trust Scheme. You may also refer to the Frequently Asked Questions for further information. In the regards, the Key Scheme Information Document (“KSID”), On-Going Cost Illustrations for BEA (MPF) Master Trust Scheme and relevant forms and leaflets will also be updated on the Effective Date accordingly. Please stay tuned for the latest version which can be downloaded via BEA MPF webpage. Should you have any questions, please call BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).
BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 09:00 to 18:00 on 6th August, 2023 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.
The MPF Scheme Brochures of the BEA (MPF) Value Scheme have been revised through the Addendum that issued on 15th May, 2023. Pursuant to the termination of the SPDR® FTSE® Greater China ETF, the underlying approved ITCIS of the BEA Greater China Tracker Fund under BEA (MPF) Value Scheme (“BEA GCTF”), the BEA GCTF will be terminated with effect from 15th June, 2023 (“Effective Date”). For further details, please refer to the Notice To Participants and the latest MPF Scheme Brochure of BEA (MPF) Value Scheme. You may also refer to the Frequently Asked Questions for further information. In the regards, the Key Scheme Information Document (“KSID”), On-Going Cost Illustrations for BEA (MPF) Value Scheme and relevant forms and leaflets will also be updated on the Effective Date accordingly. Please stay tuned for the latest version which can be downloaded via BEA MPF webpage. Should you have any questions, please call BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).
BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 00:00 on 21st May, 2023 to 08:00 on 22nd May, 2023 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.
The 2022-23 Good MPF Employer Award organized by the Mandatory Provident Fund Schemes Authority, is open for applications. Employers who are exemplary in enhancing the retirement benefits of their employees should act now. For details and online application, please visit Good MPF Employer Award website. The deadline is 30thJune, 2023.
With strong experience and professional services, BEA MPF Schemes and the constituent funds have been honoured with numerous awards and recognition in the MPF industry. MPF Ratings 2023 Ratings and Awards1:
Bloomberg Businessweek / Chinese Edition Top Fund Awards 2022 2:
1Source: MPF Ratings. The awards and ratings were based on MPF Ratings’ assessment criteria. For the awardees, assessment and rating criteria / methodology, please refer to http://www.mpfratings.com.hk/ratings-and-awards/. 2Source: Bloomberg Businessweek/Chinese Edition. The awards were based on Bloomberg Businessweek/Chinese Edition’s assessment criteria. For awardees, assessment criteria / methodology, please refer to http://www.bbwhkevent.com/.
Contribution Day for March – According to the Mandatory Provident Fund Schemes Ordinance, the contribution day for monthly – paid employees is the 10th day of each month. Since 10th April, 2023 falls on a public holiday, the MPF contribution day for March 2023 is extended to 11th April, 2023 (Tuesday). Employers are reminded to act early to avoid delay in making contributions, owing to the public holidays on 5th , 7th and 8th April 2023 as well. Apart from directly making contributions and submitting the remittance statement to us, employers are encouraged to make use of various digital means to handle MPF contributions in a timely manner. Late payment will be subject to a surcharge calculated at 5% of the amount of default contributions. Please click here to access the News Archive. Note: The relevant information is available in English and Traditional Chinese versions only.       |
