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Article | MPFexpress

Magazine: Are you clear about the financial implications of the imminent LSP amendment?

November 17, 2022

The Employment and Retirement Schemes Legislation Bill 2022 is passed on 9 June 2022. Here are our perspectives about the changes.
Retirement
MPF

With the passage of the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 (“the Bill”), now is the time to start considering the financial implications of the amendment and what it means for your company. In this issue, we point out the highlights of the forthcoming changes and how the LSP amendment affects cash flows and financial reporting.

Download our latest issue, which provides you with in-depth insights on the latest changes affecting the retirement landscape.

WTW has the largest team of pension actuaries in Hong Kong who can help with such financial costings/valuations. Contact us for a discussion on how we can help.

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