How Much Notice Must MPF Trustees Give Before Changing Documents? One Month for Sales Literature
2011-05-14
Goldman’s “mickey” warrant buyback saga may be fading, with listing documents quietly amended — but MPF trustees can’t be so casual: changes to fund sales documents must be notified to scheme members one month before taking effect.
What’s in the MPFA’s new publication?
“MPF Info” tells you when to expect trustee notices. Published in May 2011, it educates members on getting MPF information — fund prices, fees, transfer procedures, intermediary contacts. Key point: if fund dealing arrangements or sales documents change, trustees must generally notify members one month before the effective date.
Which trustee deadlines should members know?
| Situation | Trustee deadline |
|---|---|
| Changing fund sales documents | Notify 1 month before effective |
| Post-termination asset handling | Written notice within 30 days of termination notice |
| Transfer of accrued benefits | Process “as soon as practicable” (market norm 2–3 weeks) |
| Age-65 withdrawal | Written notice within 12 months of retirement age: withdraw or retain |
Can you leave money in at 65?
Yes — keep it invested in the scheme. If markets are poor, trustees must keep sending benefit statements, and you can apply to withdraw anytime. Know your rights at MPF fund comparison.
Related articles
View all
Withdrawing MPF on permanent departure: how to complete the declaration
This article is a rewrite of a report from August 2013. Workers emigrating...
Before Claiming Your MPF at 65, Count Your Accounts First
Job-hoppers easily lose track of how many MPF accounts they hold. The MPFA...
Withdrawing your MPF by claiming permanent departure: two conditions, one sworn statement, and a HK$100,000 risk
Amid Hong Kong’s emigration wave, “permanent departure”...