Our on-line “Retirement Planning” is comprised of two parts: (1) “Risk Assessment” and (2) “Retirement Calculator”.
The results generated by these tools have used certain assumptions and therefore are for reference only. The results also do not constitute any advice, recommendation, solicitation or invitation for investments and are not intended as substitutes for professional advice. Please consult your own independent legal, tax or financial advisor before making any investment decision. BCT does not warrant the adequacy, accuracy, reliability or completeness of the information and results obtained from the on-line “Retirement Planning” platform and shall not be liable for the consequence of any decision or action taken upon.
In relation to the Retirement Calculator, you should particularly note that:
The Retirement Calculator is not intended to forecast or estimate the current or future actual investment classes or assets of your portfolio (or any specific asset allocation), or the actual statistical income value. In addition, the Retirement Calculator shall not be used as the key basis of any investment or tax planning decision. The Retirement Calculator does not make any tax assumptions and all analytical results are stated in gross value (pre-tax). The calculation and analytical results of the Retirement Calculator are intended to provide an overview of the performance of the selected portfolio only. The Retirement Calculator assumes that the investment allocation of each asset class is in line with that of a certain market index. All calculations are based on assumptions only and will not affect the actual performance of your account.
The analysis is intended as a reference to help you assess the requirement of your future retirement income. The actual investment return will be net of charges or fees and the assumptions do not reflect such charges or fees. The return is also subject to taxation.
Data input into to the Retirement Calculator are for research and portfolio construction purposes only, and will not be stored in or provided to any planning tools or calculators of BCT Group for future use.
What to do if you receive "DIS Re-investment Notice"
Understand the potential impact on investment
Access information via channels of BCT
Use new version of "Change of Investment Mandate for Future Contributions / Fund Switching for Existing Balance Form"
Employers / HR
Ready to help
Answer enquiries
Use new version of "Member Enrolment Form"
Give BCT's channels for staff to get support (e.g. hotline, website, etc.)
Work with BCT for market update and support
How BCT can help
Communication is key
Send "DIS Re-investment Notice" to relevant members
Re-invest in the DIS if no opt-out indication
Send confirmation of change to relevant members
On-going investor education & member communication
Before the Launch of DIS
Members
Care about your retirement Manage your MPF account
Review your MPF investment regularly. If you have not provided any investment instruction before, please contact BCT as soon as possible.
Update personal details with us if there is any change, to ensure you can receive important DIS information.
Read the notice(s) we send to you
Employers / HR
Be resourceful
Understand the DIS & know the timeline
Arrange member briefings for staff
Remind staff to give specific investment instruction
Use updated forms & materials
Update your intranet, staff handbook, etc.
How BCT can help
Provide timely information & assistance
Readiness of products, forms, relevant documents
Communicate with employers and members in advance
Send "DIS Pre-implementation Notice" and "Important Note" to all members
Provide employer & member briefings
Customer service hotline and website
How to get prepared
There are different roles to play by different stakeholders: members, employers / HR practitioners, service providers and government / regulator.
While the government / regulator will be highly involved in the publicity, education, supervision and monitoring throughout the process, the other three parties can do their part to better prepare for the DIS.
Identify Your Investor Type – Before making any investment decisions, you can complete the risk assessment questionnaire and check your risk tolerance level, according to your retirement goal, income, age and risk appetite.
"BCT iPortfolio" Provides You with Investment Reference – Upon completing the risk assessment questionnaire, “BCT iPortfolio” will show model portfolios suited to investors of different risk levels, to help you make informed investment decisions.
Review Portfolio Regularly – Do the risk assessment questionnaire every year, or when you move to a different life stage, and adjust asset allocation as necessary. If you are a BCT member, you can log into your account and save the assessment result. The system will remind you to do the assessment every year automatically. This makes portfolio review and asset allocation more flexible and easier.
What type of investor are you?
Any investment involves risk and different investors are able to take on different amounts. Depending on your retirement goals, income, age and investing aggressiveness, you’ll fall into one of the following categories. Choose from the best option below
