MPF exam Regulatory Framework question: functions of the MPFA under the MPFSO

MPF examRegulatory Framework

Which of the following are functions of the MPFA under the MPFSO? (i) to approve qualified persons to be approved trustees of registered schemes (ii) to regulate sales and marketing activities and the giving of advice in relation to registered schemes (iii) to oversee the operation of an electronic MPF system (iv) to consider and propose reforms of the laws on occupational retirement schemes and provident fund schemes

A (i) and (ii) only
B (i), (ii) and (iii) only
C (ii), (iii) and (iv) only
D (i), (ii), (iii) and (iv)

Show the answer and explanation

Answer: D. (i), (ii), (iii) and (iv)

Answer: (i), (ii), (iii) and (iv). All four are functions listed under section 6E of the MPFSO.(i) True. approving trustees is an MPFA function.(ii) True. regulating sales, marketing and advice is an MPFA function.(iii) True. overseeing the electronic MPF system (the eMPF Platform) is an MPFA function.(iv) True. proposing law reform in this area is an MPFA function.Why not the others:• (i) and (ii) only: leaves out (iii) and (iv), which are also correct.• (i), (ii) and (iii) only: leaves out (iv), which is also correct.• (ii), (iii) and (iv) only: leaves out (i), which is also correct.Watch out: Candidates drop the law-reform and eMPF functions as belonging to the Government.Rule: These four are only part of the list; section 6E sets out the MPFA's full set of functions.Source: MPF Study Notes, Tenth Edition (June 2026), 2.2.1; Cap. 485 (MPFSO) s 6E (version 5 Oct 2026)