Q1 2022 Newsletter

Sun Life has captured 42 MPF Awards including Sponsor of the Year and Intermediary of the Year

As the third largest MPF service provider in Hong Kong¹, Sun Life has achieved a total of 42 MPF Awards recently including  the Sponsor of the Year2 and Intermediary of the Year2 at BENCHMARK MPF of the Year Awards 2021.

BENCHMARK MPF of the Year Awards 20212

Grand Award – Sponsor of the Year2    

The Benchmark "Sponsor of the Year" award recognizes MPF Sponsors who have demonstrated excellence in their product designs, fund manager selection, cost structuring, and engagement.

Intermediary Award – Intermediary of the Year2  

The Benchmark "Intermediary of the Year" award recognizes MPF intermediaries that excel product knowledge, technology application, relationship building and marketing techniques better than others in the industry.

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

1 Based on assets under management. Source: Mercer MPF Market Shares Report (as of December 31, 2021). MPF refers to Mandatory Provident Fund.

2 Source: BENCHMARK MPF Awards 2021.

Market Navigator – Q2 2022 By Sun Life Asset Management (HK) Limited

The Russia-Ukraine conflict has brought jitters to asset prices across a broad spectrum, from equity to fixed income, and from currency to commodity markets. While some markets have since stabilized to a certain extent, this geopolitical event, which is still ongoing as of writing, could have much farther and wider ramifications. The de-globalization movement, which began taking sharp in 2018 when US and China were at loggerhead on trade-related matters, is poised to exacerbate with European and other Western nations determined to reduce reliance on Russia for their energy and other natural resources needs. De-globalization in turn would lead to higher prices and costs while at the same time moderating global economic growth. Investors may need to adjust their portfolios as well as expectations on future investment gains in the coming new world order.

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 – Q2 2022  for more details.

Newly Launched “MPF FAQs” page and enhancement of Website Widget “Sunny”

To improve overall client’s experience, the MPF Frequently Asked Questions (“MPF FAQs”) webpage has been launched together with the enhancement of website widget “Sunny.

Please visit the MPF FAQs webpage to find out the answers in a hassle-free way when facing problem in managing your MPF account(s).

The enhanced “Sunny” is now also able to guide clients to acquire MPF information on Sun Life website.

Digitalizing your MPF journey

With our digital tools like Online Pension Service Centre and MPF Mobile App, both employer and employee clients are able to enjoy a convenient digital experience throughout their MPF journey.

To learn more about out digital tools, please visit our dedicated webpage “Digitalizing your MPF journey ”  for more information.

Good MPF Employer Award accepts applications

The 2021-22 Good MPF Employer Award (the “Award”), organized by the Mandatory Provident Fund Schemes Authority, is now open for applications and nominations. 

 The Award aims to promote and foster employer compliance with MPF legislation; encourage employers to provide better retirement benefits for their employees; and recognise employers who are exemplary in enhancing the retirement benefits of their employees. Nearly 2,500 companies and organizations have been honoured as “Good MPF Employers” since its debut in 2015. 

Eligible employers should act now and apply for the Award. Employees are also welcome to nominate their employers for the Award. For more details, please visit the Good MPF Employer Award website. The deadline is 30 June 2022.