Continuing Professional Development

All MPF intermediaries are required to comply with the Continuing Professional Development (CPD) requirement with effect from January 2002. The objectives of the CPD programme are to enhance the technical knowledge and professional expertise of individual intermediaries about the MPF System and related areas, and to provide reasonable assurance to MPF scheme participants and the public at large that individual intermediaries remain fit and proper to be registered.

An individual intermediary is required to undertake a minimum of 10 hours of CPD activities in each calendar year. At least 20% of the minimum CPD hour requirement must be devoted to core subject areas such as MPF or related legislation, relevant codes and guidelines, and the latest developments of the MPF System.

Details of the CPD requirement can be found in the Guide to Continuing Professional Development for MPF Intermediaries. You may refer to the List of Currently Recognized MPF Core CPD Activities (Excluding “ECA Training for MPF Intermediaries”).

To ensure that MPF individual intermediaries are equipped with the relevant knowledge for the implementation of the Employee Choice Arrangement (“ECA”), all MPF individual intermediaries are required to complete the ECA training. You may refer to the List of Currently Recognized “ECA Training for MPF Intermediaries” Core CPD Activities.

Recognized Institutions/Professional Bodies

Recognized institutions/professional bodies providing core CPD activities:

Management and Executive Development Centre of the Hong Kong Polytechnic University
Tel: 3400 2773

Hong Kong Securities Institute
Tel: 3120 6200

The Hong Kong Retirement Schemes Association
Tel: 2147 0090

Institute of Professional Education and Knowledge of Vocational Training Council
Tel: 2836 1849

Institute of Financial Planners of Hong Kong
Tel: 2982 7888