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MPFA welcomed the multi-pronged measures proposed by the Working Group on Promoting Silver Economy (Working Group), led by the Deputy Chief Secretary for Administration, announced today (27 May). The aim of the measures is to promote the development of the silver economy in Hong Kong. MPFA will support the Working Group’s proposals on enhancing “silver financial and security arrangements” and utilize various channels, including to explore how to make best use of the eMPF Platform (eMPF) to promote a deeper understanding of practical information on retirement financial management by scheme members who are approaching retirement.

With the increasing life expectancy of the local population, retirement financial management and financial security are becoming ever more important. MPF scheme members approaching retirement have always been a key target group of the MPFA’s promotional and educational initiatives. We will continue to leverage multiple channels to drive public education, including producing promotional videos and organizing seminars, to provide soon-to-retire scheme members with practical knowledge about retirement planning to help them prepare for their retirement life. 

Once all MPF trustees are onboard the eMPF by the end of this year, all MPF scheme members will enjoy the full functions of this one-stop digital platform to manage their MPF by enabling easier and more efficient management of their retirement savings.

MPFA will align with the measures put forward by the Working Group, by actively promoting education programmes for older investors and collaborate with the industry and various other stakeholders to help the working population gain comprehensive knowledge of retirement financial management, thereby enriching their retirement life.

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27 May 2025