Similar to other types of contributions, you have the right to choose the constituent funds offered by the MPF scheme. If you have not given any investment instructions, your TVC will be invested according to the Default Investment Strategy.
Your future contributions from new employers will go into the new employer's MPF scheme instead of the personal account.
Yes. According to the MPF Schemes Ordinance, the MPF trustee must at least provide you with one fund switching per year. Hopefully, providers will allow for more frequent switches (for example, Principal intends to do so).
If more than one constituent fund is offered by the MPF scheme, you may choose one or more of the funds in which to invest your contributions. Your scheme trustee is required to provide particulars of the funds within 60 days of your enrolment, such as their policy regarding the kinds of securities and other assets in which the individual constituent fund may invest, the investment managers involved, and so on.
Your scheme trustee is required by law to provide you with a choice to switch your investment portfolio at least once a year. Whether you can switch investments more than once during a year is subject to the governing rules of your scheme.
For Principal members, you can change your investment choices through the following channels.