Employee Choice HR Briefing: What Can Move?

What can and can’t transfer under Employee Choice?

“MPF Update” briefs HR on the rules: employees may move the employee-contribution portion of current-employment mandatory accounts once a year; current employer contributions stay put, while past contributions and preserved accounts can move in full. Employers and HR must master the rules before staff start asking.

How should workers use the right?

One shot a year — don’t waste it. Compare target trustees’ fund fees and performance before moving, and turn the right into real returns.