March 2026 brought the largest monthly dollar loss in MPF history. The average member saw HK$21,326 leave their account in a single month, with total system losses reaching HK$102.2 billion. Quarterly statements have now been delivered, and many employees will be seeing those figures for the first time.
For HR teams that have not yet sent a brief, factual note to employees, it is not too late. Reactive fund decisions made on incomplete context can have a lasting impact on retirement savings.
Three things worth covering:
1. Where to find their statement
Not every employee will have opened their statement or registered on their trustee's digital portal. A simple reminder of where to check is still worthwhile.
2. The April recovery
April recovered every dollar March lost. The MPF posted its largest-ever monthly dollar gain in April, returning year-to-date to positive territory. That sequence is a useful illustration of why MPF is designed as a 30 to 40 year savings vehicle, not a short-term investment. Keep any communication factual. HR teams are not financial advisers, and employee notes should not read like one.
3. Default fund reminder
For employees who have never actively selected a fund, the Default Investment Strategy (DIS) automatically de-risks as they approach retirement. A reminder of how to check current fund allocations remains relevant.
MPF communications are one part of a broader conversation your employees are having about their financial wellbeing. If you want to see how MixCare gives HR teams in Hong Kong a single view across benefits, spend, and utilisation, we would be glad to walk you through it. Thirty minutes, no commitment required.
If this update was useful, the HR Pulse Digest covers compliance changes, benefits intelligence, and workforce data for HR teams in Hong Kong and Singapore, every week.
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MixCare Health · Hong Kong