The 4.75 million members of Hong Kong’s Mandatory Provident Fund (MPF) could save up to HK$50 billion (US$6.4 billion) in fees over a 10-year period after its electronic platform’s full implementation next year, according to the city’s retirement schemes regulator. The Mandatory Provident Fund Schemes Authority (MPFA) revised its original estimate made a few years…
Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round from existing shareholder Sun Life, its largest such effort since its establishment in 2018. “The stock market rally in Hong Kong this year has improved market sentiment, paving the way for many start-ups and companies…
s part of its continued commitment to encourage healthy habits among Indonesian families, Sun Life Indonesia linked up with Beyond Sport for the Sun Life Hoops+Health 3X3 Basketball Challenge, a sporting event geared toward both basketball enthusiasts and casual enjoyers alike. Taking place from May 31 to June 1 at the Main Atrium of Gandaria…
Hong Kong – Sun Life and the Basketball Association of Hong Kong, China (BAHKC) have signed a three-year, HK$10 million partnership to support athletes, promote basketball, and enhance community engagement. As part of the initiative, Sun Life will provide medical and accident insurance for Hong Kong basketball team members and fund a scholarship program for…