YF Life Trustees, the smallest of the MPF providers, will be the first to move to the platform, while HSBC Holdings, the largest, will be the last to do so, according to the specific timeline ...
HSBC is under growing pressure to explain its refusal to pay out the savings owed to people who fled Hong Kong to escape a ...
According to advocacy group Hong Kong Watch, more than £3bn in MPF savings are being withheld from approximately 126,500 Hong Kong BNO passport holders. HSBC controls roughly one-third of these ...
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HSBC has refused to hand over the cash, which is held through a compulsory pension scheme known as the Mandatory Provident Fund (MPF), claiming a legal barrier prevents it from paying out the money.