The Pension Protection Fund has delayed finalizing the 2025/26 levy determination until January 2025 to allow more flexibility in setting the levy amount. This delay aims to facilitate potential legislative reforms for reducing or eliminating the levy.

The Pensions Ombudsman and PPF Ombudsman Annual Report 2023-2024 reveals a challenging year, with case closures dropping from 7,784 to 6,634 due to a cyber incident, recruitment difficulties, and a rise in complex cases, impacting operational efficiency under Dominic Harris's leadership.

Our April update covers the following...

According to the Federation of Hong Kong Industries, one of the city's largest business chambers, the MPFA has proposed increasing the maximum income...

Asia's legal and human resources advisors are often required to function across multiple jurisdictions.

This is a busy time for changes to the retirement schemes legislation in Hong Kong. In the middle of June this year, the Legislative Council passed the Occupational Retirement Schemes...

Asia's legal and human resources advisors are often required to function across multiple jurisdictions. Staying on top of employment-related legal developments is important but can be challenging.

our review of a recent Hong Kong case, Tan Shaun Zhi Ming v Euromoney Institutional Investor (Jersey) Ltd [2022] HKDC 622, where a male employee accused of...

2020 will take its place in history as a year like no other.

Chief Executive Leung Chun-ying's maiden policy address on 16 January 2013 contained some important employment, benefits and pensions law- and policy-related comments.

Over the past weeks, there has been some important news on the pension regime in Hong Kong that employers and employees should be mindful of.

Our Employment & Benefits team in Hong Kong produce the "Asia Employment Law: Quarterly Review", a publication covering 15 jurisdictions in Asia.

It's an exciting time to be delivering international occupational pension and savings services as more employers are turning to the flexibility and portability...

Asia's legal and human resources advisors are often required to function across multiple jurisdictions

The long-awaited changes, which will abolish the current MPF offsetting arrangements against severance or long service payment, have been published, introduced...

The Hong Kong government announced on 18 March 2022 its plan to launch a new round of Employment Support Scheme (ESS).

The long-awaited changes, which will abolish the current MPF offsetting arrangements against severance or long service payment, have been published, introduced and passed as one of the first bills for the 2022 legislative session.

an update on the new Digital Personal Data Protection Bill, 2022 in India. As the name suggests, the bill only covers processing of digital personal data. Consider the implications of the bill on employee data here.

For those fortunate enough to have accumulated bonus payments from a large bank or been made a beneficiary of their company's retirement or stock option plan, the term "vesting period" will be a familiar one.

We look at the changes in immigration policies as Mainland China downgraded COVID-19 from a Class A to a Class B infection with effect from 8 January 2023. Click here for a summary...