Q2 2022 Newsletter

Sun Life MPF Viral Video – “Special Research Institution of Hong Kongers”

Have you noticed how ‘distinctive’ Hong Kongers are? We filmed series of video to showcase the uniqueness of Hong Kongers. The videos feature three different age groups of Hong Kongers. No matter which age group you belong to, Sun Life MPF always stands by you, taking care of your every need as we are always your active partner for a better tomorrow.  

Please click below links to watch the series of viral videos now!

Video 1 - Small Potato employee

Video 2 - Working woman with strong presence

Video 3 - Hardworking dad 

Market Navigator – Q3 2022 By Sun Life Asset Management (HK) Limited

It feels like a lifetime for investors in this first half of year as the Russia-Ukraine conflict, global tightening of monetary policies and China COVID situation pushed global stocks into bear market territory. Markets are pricing in a recession scenario that stocks suffered selloffs. However, we do not expect the bear markets to last long. It takes time for inflation to peak and for markets to further price in company earnings cut. On the other hand, Hong Kong stocks have been in the bear market territory for over four years. With valuation at multi-year lows and Chinese policy cycle remaining at loosening phase, the hardest time of Hong Kong stocks may have passed. For investors, time is the key to ride through bear markets. Stay patient.

To learn the market outlook of third quarterly of 2022 provided by Sun Life Asset Management (HK) Limited, you can access the full version of the Market Navigator – Q3 2022  for more details.

Sun Life Management Shares the Key of Success for Multiple Industry Awards

More than two years into the COVID-19 pandemic, global investment markets still grapple with heightened volatility. Different industries faced severe challenges, only those with resilience can truly shine in these troubled times.

Riding on overall bright performance and top-notch customer service, Sun Life is the proud winner of multiple prestigious MPF awards. What is the secret to their success? Let’s find out by watching our management interview video now!

Key Scheme Information Document for MPF scheme members

In accordance with the latest requirements under the Code on Disclosure for MPF Investment Funds, the Key Scheme Information Document (the “KSID”) for all MPF schemes  are available from 30 June 2022. 

The KSID provides with key information about an MPF scheme, which forms part of the offering document. While the KSID could facilitate you to obtain an overview of the key details and features of an MPF scheme, you should not make investment decisions based solely on the KSID. You should also be advised to scan the QR code provided in the KSID to download and refer to relevant MPF Scheme Brochure for  details .  

Please visit Find a Form page to download the relevant KSID.

The approval of the abolition of the arrangement of using MPF to offset long service payments and severance payments

The Legislative Council (LegCo)’s passage of the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 (the Amendment Bill) on 9 June 2022 to abolish the arrangement for employers using the accrued benefits of MPF mandatory contribution made for employees to offset severance payments (SP) / long service payments (LSP) under the Employment Ordinance (“offsetting arrangement”), in order to further enhance the MPF’s retirement protection function. Apart from MPF schemes, the abolition of the offsetting arrangement will also be applicable to occupational retirement schemes under the Occupational Retirement Schemes Ordinance.

Please click here to learn more about this from MPFA press release.