Employees who worry about their financial position are more likely to be less productive at work and absent more frequently. Global research shows majority of employees want financial wellness education targeted to different groups.
How would you like to continually monitor your MPF scheme design and provider performance, and ensure the scheme is being appreciated... all at no cost to you or your employees? Who wouldn’t?
Helping your employees plan for financial wellbeing is a winning strategy.
Mercer aims to make the task of designing, selecting, and monitoring an appropriate MPF easy and affordable. Mercer offers a range of simple MPF scheme governance services which help you enhance employee engagement with the MPF scheme.
Discuss with client to confirm the key assessment criteria
Shortlist providers based on the assessment criteria
Liaise with shortlisted providers to gather data for review and comparison and negotiate fee discounts
Arrange providers’ presentation
Support client in setup new MPF scheme
Prepare communication materials
Arrange member briefing sessions
Monthly Newsflash for employer
Quarterly Diagnostics report
Updates on Legislative changes as well as provider changes
Quarterly Performance for member (Target to launch in Q1 2021)
Mercer offers a simple effective solution for MPF scheme governance which can help you enhance employee engagement with the retirement plan. By appointing Mercer as your MPF intermediary, we can provide a selection of core services including:
with survey information on Scheme designs, members investment choice, members’ satisfaction, Scheme Strategy and Governance, in Hong Kong
gives a simple high-level review of your MPF scheme across four criteria: historical investment performance, fees, number of funds offered and fund range coverage.
containing legislation and market updates, employee education information.
Do you know if your company’s contributions are higher or lower than your peers in the market? What do other employers see as important in a retirement scheme provider? Click here to find out the findings and insights of the survey report.
A snapshot of your MPF scheme across criteria such as historical investment performance, fee level, number of funds offered and fund options coverage.