In the forth quarter of 2021, Sun Life Hong Kong (“Sun Life”) was recognised by multiple industry awards including Bloomberg Businessweek (Chinese Edition) Top Fund Awards 2021 Hong Kong and Benchmark MPF of the Year Awards 2021 given the bright fund performance and excellent services provided to clients

Bloomberg Businessweek (Chinese Edition) Top Fund Awards 2021

Best Performer

• Mixed Allocation - Growth Fund (MPF - 1 Year)
• Equity - Hong Kong Fund (MPF - 1 Year)
• Mixed Allocation - Growth Fund (MPF - 5 Years)
• Equity - Hong Kong Fund (MPF - 5 Years)
• Fixed Income - Global Fund (MPF - 5 Years)
• Guaranteed Fund (MPF - 5 Years)
• Mixed Allocation - Growth Fund (MPF - 10 Years)
•  Equity - Hong Kong Fund (MPF - 10 Years)
• Fixed Income - Global Fund (MPF - 10 Years)

Outstanding Performer

• Mixed Allocation - Balanced Fund (MPF - 1 Year)
• Equity - Asia Pacific Fund (MPF - 1 Year)
• Equity - Hong Kong Fund (MPF - 1 Year)
• Fixed Income - Global Fund (MPF - 1 Year)
• Mixed Allocation - Balanced Fund (MPF - 5 Years)
• Mixed Allocation - Moderate Allocation Fund (MPF - 5 Years)
• Equity - Hong Kong Fund (MPF - 5 Years)
• Mixed Allocation - Balanced Fund (MPF - 10 Years)
• Mixed Allocation - Moderate Allocation Fund (MPF - 10 Years)
• Equity - Hong Kong Fund (MPF - 10 Years)

Benchmark MPF of the Year Awards 2021

Trustee Awards

• Member Servicing - Outstanding Achiever

Sponsor Awards

•  Intermediary Award - Intermediary of the Year
•  Intermediary Support Award - Best-in-Class
• Investor Education Award - Best-in-Class

Top MPF Fund Awards

• Hong Kong Equity - Best-in-Class
• Lifestyle - (>20-40% Equity) - Best-in-Class
• Lifestyle - (>40-60% Equity) - Best-in-Class
• Lifestyle - (>60-80% Equity) - Best-in-Class

More, Sun Life Hong Kong’s wholly owned pension administration centre -BestServe Financial Limited, has once again been recognized in the Hong Kong Call Centre Association Awards, and won the Mystery Caller Assessment – Gold Award (Finance and Insurance) for the twelve consecutive years. We have been making earnest efforts to enhance our MPF services by improving member communication and service efficiency aiming at delivering “Peace-of-mind“ service solutions to our members. This award is a great recognition and encouragement to us.

Please visit our Award webpage to find more details about the MPF awards received by Sun Life.

During Monetary Normalization Investors Should be More Discerning

The US Federal Reserve and various central banks around the world are ending an extended period of ultra-loose monetary policy. During the forthcoming normalization, reversal of bond purchases and higher interest rates would lead to costlier and tighter liquidity. Companies that had been borrowing heavily to finance unprofitable businesses might be dealt a rude awakening as investors turn more impatient. On the other hand, established companies with robust business models, solid balance sheets and strong cash flow generating ability could be in favor. In the short term, we could see a jump in volatility as investors adjust to the new market backdrop. With the world economy growing steadily, overall markets should be supportive though investors need to be more discerning in where to place their wager. 

To learn the market outlook of first quarterly of 2022 provided by Sun Life Asset Management (HK) Limited, you can access the full version of the Market Navigator – Q1 2022 for more details.

How much investment risk are you willing to take?

We understand you may have different retirement goals. In addition, you may need to change your MPF investment strategy at different stages of life. To assist you making the most suitable MPF investment decision, we developed the online tool of “Investment Risk Assessment”. 

By taking a few minutes to answer simple questions, members can understand their investment risk appetite through “Investment Risk Assessment” and look for suitable investment approaches.  

Try our Investment Risk Assessment now!

Is your MPF Scheme the People’s Choice? MPF Ratings proudly announces the 4th “People’s Choice” award. “People’s Choice” award is awarded to the most popular MPF Scheme as voted by the Hong Kong public.

Vote our MPF scheme as the “People’s Choice” simply by clicking here  from 7 to 14 February 2022. The voting result will be announced at “The 2022 MPF Awards” to be held on the 3 March 2022.

The People’s Choice award was introduced, for the first time, by MPF Ratings in 2019 and aims to engage the members of the public to raise greater awareness of the importance of MPF. The award measures a number of customer satisfaction criteria and is given to the MPF Scheme Provider that measures highest across those criteria while considering the number of respondents to the survey.

Pension Schemes Association (“PSA”) , which was established by six founding partners including Sun Life, previously announced the findings of a survey on the eMPF Platform project. The survey was designed to understand the views and needs of employers with respect to the upcoming eMPF Platform, online services, and digital adoption.

The eMPF study was conducted by CIMIGO between July and August 2021. It interviewed a total of 511 respondents, 350 from SMEs and 161 from large enterprises to gather initial feedback on awareness, perceptions, and expectations of the upcoming eMPF Platform from Business owners, Executives, and Managers involved in the selection of or daily contact with MPF service providers, and to understand their MPF management habits and reasons for adopting or not adopting digital tools.

Highlights of the key findings are as follows: 

• Both large enterprises and SMEs embrace eServices – nearly 70% of employers in both categories currently handle MPF-related administrative work online 
• Most large enterprises and SMEs would encourage (80%) and support (83%) employees to receive MPF-related communications via electronic means, with reduction in time spent handling employee enquiries being the most cited reason
• Awareness of the upcoming eMPF Platform at 28% (SMEs: 27%; large enterprises: 35%) 
• Some of the top uncertainties for employers with respect to the upcoming eMPF Platform are: ‘whether there would be adequate customer support when encountering problems’ (69%), ‘whether there would be sufficient network security measures for privacy protection’ (61%) and ‘whether unclear roles and responsibilities between the eMPF Platform company and MPF providers would lead to administrative inefficiencies’ (54%) 

For details about the survey result, please visit PSA’s website.