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  • Introduction
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  Transfer process
What are the procedures for the transfer of accrued benefits?
Submitting the transfer form:
Complete the "Employee Choice Arrangement - Transfer Election Form" (Form MPF (S)-P(P)) and submit it directly to the newly selected trustee.
* If the employee does not have an MPF account with the new trustee, he/she should arrange enrolment before making any transfer.
Purchase/sale of fund units by the trustee:
  • After verifying the information, the new trustee will send the information to the original trustee
  • If the information is confirmed to be correct, the original trustee will cash out the fund units for the employee and then give the amount to the new trustee.
  • When the amount is received, the new trustee will purchase funds according to the employee’s instruction.
* Process in this step lasts for 6-8 weeks. Your accrued benefits will not be invested for 1-2 weeks during this step. A risk of a “Sell-Low, Buy-High” scenario may occur.
Receiving confirmation documents:
After the whole transfer process is completed, the employee will receive a Transfer Statement from the original trustee as well as a Transfer Confirmation Notice from the new trustee.
What information should employee provide to the new trustee for the transfer of accrued benefits?
Employees need to submit the Transfer Election Form (Form MPF(S) – P(P)) to the new trustee when trying to make a transfer, and have to fill in the following information:

- Personal information (e.g.name, contact number, identity card number, correspondence address);
- Details of contribution account under original plan (names of original trustee and plans, member account number under original plan, name of current employer, identification number of the employer);
- Accrued benefits selected for transfer (mandatory contributions by employee associated with current employment and/or mandatory contributions during past employed or self-employed periods);
- Details of MPF account under new plan (names of new trustee and plan, member account number under new plan);
- Signature (must be the same as the record kept by original trustee).
Investing and trading in stocks and other securities are very risky. AASTOCKS.com Limited encourages you to use the risk management and educational tools on this website. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or site visitor should not assume, that the future performance will equal past performance.
Please refer to the sponsors for further details such as the fund features and risks involved.
 
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Disclaimer
Disclaimer

The above is strictly for information purposes only and should not be considered an offer, or solicitation, to deal in any of the mentioned funds. Investment involves risk, emerging markets may have greater risk than developed markets. Subscriptions may only be made on the basis of the relevant offering documents, most recent annual financial statement and semi-annual financial statements if published thereafter. The value of investments and the income received from them (if any) may be volatile and could change substantially within a short period of time. Past performance is not a guide to future performance. The investment returns are denominated in the base currency of the fund. US dollar/ HK dollar based investors are therefore exposed to fluctuations in the US dollar/ HK dollar/ base currency exchange rate.

BEFORE MAKING AN INVESTMENT, YOU SHOULD REFER TO THE RELEVANT OFFERING DOCUMENTS AND IN PARTICULAR TO THE INVESTMENT POLICIES AND THE RISK FACTORS. YOU SHOULD ENSURE THAT YOU FULLY UNDERSTAND THE RISKS ASSOCIATED WITH THE FUND AND SHOULD ALSO CONSIDER YOUR OWN INVESTMENT OBJECTIVE AND RISK TOLERANCE LEVEL. YOU ARE REMINDED THAT YOU ARE RESPONSIBLE FOR YOUR INVESTMENT DECISION AND SHOULD NOT INVEST UNLESS THE INTERMEDIARY WHO OFFERS OR SELLS THE FUND TO YOU HAS ADVISED THAT THE FUND IS SUITABLE FOR YOU AND HAS EXPLAINED WHY, INCLUDING HOW BUYING THE FUND WOULD BE CONSISTENT WITH YOUR INVESTMENT OBJECTIVE. IF IN DOUBT, PLEASE SEEK INDEPENDENT FINANCIAL AND PROFESSIONAL ADVICE.

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