去年6月开始投入运作的"积金易"是强积金推行以来最重大的改革，它将强积金的行政工作精简化、自 动化及数码化，让打工子女可以更方便地管理强积金，实现一站式跨计划的操作。根据经济合作与发展 组织的研究，"积金易"是绝无仅有提供全方位服务的私营退休金电子平台，涵盖帐户管理及交易，在功 能方面堪称"世一"。 过去一年多，随着越来越多强积金计划加入"积金易"，减费效果日渐显著。当强积金计划加入平台后， 行政费不可高于"积金易"目前37点子(0.37%)的收费水平，减费惠及超过一千万个计划成员帐户，占整 体计划成员帐户逾九成。"积金易"不但能直接降低强积金的行政费，更能成为另一个促进市场竞争的动 力。随着越来越多人使用"积金易"的电子方式管理强积金，刘麦嘉轩很有信心行政费未来能够进一步降 低，令所有计划成员受惠。 另外，随着今年5月1日取消强积金对冲安排正式生效，有助壮大打工子女的退休储备。展望将来，香港 积金局会继续推进多项措施，包括实施强积金"全自由行"，推广自愿性供款，提高强积金最低及最高供 款入息水平和优化DIS。 香港积金局主席刘麦嘉轩发表网志称，2000年12月1日，香港强积金制度正式实施。这25年间，得益于 ...

投资收益方面，具体来看，自强积金实施以来，截至今年10月底，各类基金的年率化投资表 现均录得正回报，而占强积金总资产总共八成的股票基金和混合资产基金，更分别平均录得 2.4倍及2倍累积净回报，或5%及4.5%年率化净回报，跑赢同期1.8%年率化通胀。 | | 强积金各类基金自2000年的表现 | | | | --- | --- | --- | --- | | 基金种类 | 占强积金总资产 | | 平均累租净回报 平均年率化净回报 | | 股票基金 | 46% | 240.5% | 5.0% | | 混合资产基金 | 34% | 201.3% | 4.5% | | 债券基金 | 4% | 58.6% | 1.9% | | 保证基金 | 5% | 35.4% | 1.2% | | 货币市场基金 - 强积金保守基金 | 11% | 27.3% | 1.0% | | 货币市场基金 | <0.5% | 25.9% | 0.9% | | — 不包括强积金保守基金 | | | | （来源：香港积金局） 刘麦嘉轩还指出，除了强制性供款以外，越来越多雇员和雇主作出自愿性供款。她透露，今 年首三季的强积金总供款额中，有25%属自 ...

Core Insights - Manulife Financial has announced a business strategy optimization aimed at reinforcing its core strategies and enhancing its competitive advantages, focusing on becoming the preferred choice for customers [1][2] - The company is well-positioned to seize opportunities in a rapidly changing operational environment, with a diverse global business and strong employee cohesion [1] - Manulife aims to achieve a core ROE target of 18% or higher by 2027, with cumulative capital returns exceeding CAD 22 billion from 2024 to 2027, and increasing core profit contribution from Asia to 50% [1] Strategic Initiatives - The introduction of five innovative and enhanced core strategies is set to drive sustainable growth, based on a solid foundation while embracing necessary innovations [2] - Key strategic focuses include building an excellent team and culture, diversifying the business portfolio, assisting clients in achieving health, wealth, and longevity, becoming an AI-driven enterprise, and enhancing distribution capabilities [2] - Cost efficiency and business portfolio optimization remain crucial to the company's operations, with expectations of steady business growth and improved shareholder returns [2] Market Expansion - Manulife is expanding its global footprint by entering high-growth economies, specifically targeting India through a joint venture with Mahindra, a trusted partner in asset management [3] - This collaboration allows Manulife to establish a presence in one of the fastest-growing insurance markets, further solidifying its growth in the world's three most influential economies [3]

Core Insights - The Hong Kong Investment Funds Association (HKIFA) survey indicates that Mandatory Provident Fund (MPF) savings are the most frequently mentioned source of expected retirement income among working individuals (63%) and retirees (49%), highlighting the MPF's central role in the retirement security system [1] Group 1: Investment Behavior - 76% of respondents review their MPF investment portfolios at least annually, indicating a reasonable level of engagement [1] - The primary factors driving portfolio adjustments are current fund performance and market volatility, which may lead to "buy high, sell low" outcomes [1] - Employees are encouraged to establish a balanced and diversified investment portfolio based on different life stages, financial goals, and risk tolerance, with regular reviews and management [1] Group 2: Asset Preferences - Stock investments remain the most common asset class within MPF, with over 80% of respondents holding related allocations, and Hong Kong stocks are the most favored investment option overall [1] - Looking ahead to the next 12 months, respondents show a preference for stocks in Hong Kong, China, and the United States [1] - 53% of respondents believe the current types of funds available are sufficient, particularly among those aged 50 and above [1] Group 3: Future Investment Options - Sustainable development funds are the most desired new investment option for MPF plans, with 37% of respondents expressing interest, followed by advanced industry funds (31%) and high-yield bond funds (30%) [1]

Group 1 - The population of elderly individuals aged 65 and above in Hong Kong is projected to rise from 20.5% in 2021 to 36% by 2046, prompting the government to promote financial security and wealth management for seniors [1] - The core pillar of Hong Kong's retirement security is the Mandatory Provident Fund (MPF), with approximately 1.5 million accounts held by individuals aged 60 and above, totaling HKD 180 billion, which accounts for 14% of the total MPF assets [1] - The Hong Kong government is working with the MPF Authority to enhance investment options and optimize returns, addressing public concerns regarding fees and investment choices [1] Group 2 - The launch of the MPF Easy platform in June last year is a significant reform, improving operational efficiency and reducing administrative costs, allowing citizens to manage their MPF accounts more conveniently [2] - MPF Easy utilizes financial technology to address long-standing issues within the MPF system, reinforcing its role as a pillar of retirement security for the elderly and stimulating the elderly economy [2] - The "HKMC Retirement 3 Treasures" initiative includes the Elderly Mortgage Scheme, Reverse Mortgage Scheme, and Hong Kong Annuity Scheme, aimed at converting assets into stable income sources for retirees [2] Group 3 - The Elderly Mortgage Scheme allows homeowners to unlock the value of their property, providing a fixed monthly income while continuing to reside in their homes, with over 8,400 applications approved as of June this year [3] - The Reverse Mortgage Scheme enables borrowers to use life insurance policies as collateral, converting death benefits into immediate cash flow, with the loan repaid from the insurance payout upon the borrower's death [3] - The Hong Kong Annuity Scheme offers lifelong annuities, with total premium applications reaching HKD 23.9 billion since the company's establishment, and a fourfold increase in premiums in the first half of this year compared to the same period last year [3]