AIA Hong Kong announced that it has been honoured "Best Tax Deductible Voluntary Contribution (TVC) Provider" by independent MPF research organisation "MPF Ratings". AIA Hong Kong has also won a host of other annual awards at the prestigious MPF Awards 2020. The awards are a testament to the superior products and services provided by the Company to help Hong Kong people build a more secure and prosperous retirement life.
Awards won by AIA Hong Kong:
- Best TVC Provider 2020
- MPF Ratings Silver Rated Scheme 2020
- Best Employer Servicing 2020
- Socially Responsible 2020
- 10-Year Consistent Performer 2020 (Equity – Regional ex Asia)
- 1-Year Consistent Performer 2020 (Equity – Global)
Ms. Elaine Lau, Chief Corporate Solutions Officer of AIA Hong Kong and Macau, said, “MPF TVC is an important initiative by the Government to encourage people to take action for their retirement protection. In line with this important government initiative, in addition to providing a TVC solution with a wide range of fund choices, AIA Hong Kong has also developed easy-to-use digital platforms with various payment options and application methods that make MPF TVC a simple, convenient and flexible arrangement for retirement savings. The Best TVC Provider Award is a reflection of the widespread recognition of our efforts to provide the best retirement solutions. The other annual awards affirm the leading position of our products and services in the industry, and also underscore our enduring commitment to integrate corporate social responsibility into our business operations. We will continue to strive to provide the most comprehensive protection, wealth management and retirement solutions, demonstrating our brand promise to help people live Healthier, Longer, Better Lives.”
The Best TVC Provider Award is awarded to the MPF Scheme Provider who demonstrates a leading standard or initiative in providing MPF TVC options. Factors for assessment include but are not limited to range of constituent funds available in the MPF Scheme, online accessibility and ease of use, and ease of making MPF TVC payment.
“MPF Ratings” is a Hong Kong’s leading provider of independent MPF research, ratings, views and opinions. MPF Ratings’ ratings methodology seeks to comprehensively cover an MPF scheme’s offering. The data assessed covers information both in the public domain as well as aspects which are sourced directly from schemes. The organisation’s ratings system covers three main assessment components; investment performance, fees and charges, and an assessment of overall services within the schemes. These are reviewed both quantitatively and qualitatively and are individually weighted.