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CFA Society Hong Kong 30th Anniversary

CFA Society Hong Kong (the Society) is celebrating the 30th anniversary of its founding in 1992. In celebration of its achievements, the Society rolled out a series of marketing communications programs to increase our brand awareness. The Society shares the mission of CFA Institute in raising the professional and ethical standards of financial analysts and investment practitioners through advocacy and continuing education efforts. In addition to promoting the CFA designation in Hong Kong, the Society aims to provide a forum for members, CFA Institute, other investment practitioners and regulators for networking and the exchange of industry insights and best practices. The Society is led by the Board of Directors, monitored by its Non-Executive Directors (NEDs) and advised by the Advisory Board, providing a broad range of perspectives on issues relating to the Society and protecting the interests of members. The Society is mostly run by member volunteers with the support of a team of fu

Extra allowance disbursement starts

The Government today announced that recipients of social security payments and Working Family Allowance (WFA) will receive a one-off extra allowance from today.   As proposed in the 2022-23 Budget, the one-off extra allowance is equal to a half-month of the standard rate of Comprehensive Social Security Assistance payments, Old Age Allowance, Old Age Living Allowance or Disability Allowance.   Recipients who were eligible for social security payments on May 4 and those whose approved WFA applications were made between November 1, 2021 and May 4 will be eligible for the one-off extra allowance.   It is estimated that about 1.48 million social security recipients and 72,000 WFA households will benefit from the arrangements, involving a total of over $2.5 billion.   The payment will be credited to the designated Hong Kong bank accounts of the eligible households and recipients and no separate application is necessary.   Recipients of social security payments may call 2343 2255 or contact the respective Social Security Field Unit for enquiries.   As for enquiries on the WFA Scheme, call 2558 3000 or visit its website.
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