Give Staff More MPF Choice — a Win-Win: Morale Up, Belonging Stronger

Ka-wai is a young design-firm boss who just added a second MPF scheme for his staff to choose from. “Uncle MPF” applauds him for “thinking what staff think” — more choice means employees can pick the scheme and funds that truly fit their needs.

Why should employers do this?

Staff are a company’s most important asset. Ka-wai says employees reacted very positively: they can compare the new trustee’s funds and fees against their own investment preferences. Admin work rose slightly, but staff feel the company values their welfare — belonging and morale both climb. A genuine win-win.

Must employers apply to add a scheme?

No. Employers may register with more than one MPF trustee/scheme and let staff pick one; no MPFA application needed — just contact the trustee and follow the normal enrolment steps. The trustee and scheme list is on the MPFA website.

Help staff compare scheme charges and funds at MPF fund comparison.