Mandatory Provident Fund: British National (Overseas)

(asked on 20th January 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to make representations to her Chinese counterpart at the UK-China Pensions Symposium on unfreezing the mandatory provident fund savings of Hong Kongers who have moved to the UK under the British National (Overseas) visa scheme.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 27th January 2025

This government is deeply committed to supporting members of the Hong Kong community who have relocated to the UK. We are aware that individuals who have chosen to take up the British National (Overseas) route are having difficulties accessing their Mandatory Provident Fund.

As documentary requirements for withdrawing funds are a matter for the Hong Kong authorities, officials have raised this issue directly with the Hong Kong Special Administrative Region Government and the Hong Kong MPF Schemes Authority. We have urged them to facilitate early draw down of funds as is the case for other Hong Kong residents who move overseas permanently and have made clear such discrimination of BN(O)s is unacceptable.

We will continue to raise the issue with the relevant authorities and work towards a solution.

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