Survey on Market and MPF InvestmentBack

| Research Background | Research Team Members | Contact Information | Research Design | Questionnaire |

| Survey Report | Press release provided by sponsor | Powerpoint slides provided by sponsor |


Research Background

In September 2015, Convoy Financial Services Limited commissioned the Public Opinion Programme (POP) of The University of Hong Kong to conduct this “Survey on Market and MPF Investment” targeting Cantonese speaking working population in Hong Kong of age 25-50 who are MPF members. The survey aimed to gauge Hong Kong people’s opinions on MPF investment and retirement plan.

The research instrument used in this study was designed entirely by the POP Team after consulting Convoy Financial Services Limited, while both POP and Convoy Financial Services Limited had equal say in the final instrument. Moreover, fieldwork operations, data collection and data analysis were conducted independently by the POP Team, without interference from any party. In other words, although the content of the questionnaire mainly came from the commissioning organization, POP was given full autonomy to design and conduct the survey, and POP would take full responsibility for all the findings reported herewith.

Research Directors :
Project Manager :
Project Executive :
Data Analyst :

CHUNG Ting-Yiu Robert
and PANG Ka-Lai Karie

LEE Wai-kin Frank

CHAN Wai-man Joyce

TAI Chit-Fai Edward

Survey date

:

5-25/11/2015

Target population

:

Cantonese speaking working population in Hong Kong of age 25-50 who are MPF members

Survey method

:

Random telephone survey conducted by real interviewers

Sampling method

:

Telephone numbers are randomly generated using known prefixes assigned to telecommunication services providers under the Numbering Plan provided by the Office of the Communications Authority (OFCA). Invalid numbers are then eliminated according to computer and manual dialing records to produce the final sample. If more than one eligible subject had been available, the one who had his/her birthday next was selected.

Sample size

:

806 successful cases

Effective response rate

:

81.0% (based on the number of eligible target respondents)

Standard error

:

Less than 1.8% (i.e. at 95% confidence level, the maximum sampling error of all percentages should be no more than +/-3.5 percentage points)


Research Design

Telephone interviews were conducted by interviewers under close supervision. All data were collected by our interviewers using a Computer Assisted Telephone Interview (CATI) system invented by the research team which allowed real-time data capture and consolidation. To ensure data quality, on top of on-site supervision, voice recording, screen capturing and camera surveillance were used to monitor the interviewers' performance.

 

Telephone numbers are randomly generated using known prefixes assigned to telecommunication services providers under the Numbering Plan provided by the Office of the Communications Authority (OFCA). Invalid numbers are then eliminated according to computer and manual dialing records to produce the final sample.

 

The target population of this survey was Cantonese speaking working population in Hong Kong of age 25-50 who are MPF members. When telephone contact was successfully established with a target household, one eligible subject was interviewed. If more than one eligible subject had been available, selection was made using the "next birthday rule" which selected the person who had his/her birthday next. The survey was conducted during the period of November 5 to 25, 2015. A total of 806 eligible subjects were successfully interviewed. The effective response rate of this survey was 81.0%, and the standard sampling error for percentages based on this sample was less than 1.8 percentage points. In other words, the sampling error for all percentages using the total sample was less than plus/minus 3.5 percentage points at 95% confidence level.


Questionnaire (Chinese pdf format only)

Survey Report (Chinese pdf format only)

Press release provided by sponsor (pdf format only)

Powerpoint slides provided by sponsor (Chinese pdf format only)

| Research Background | Research Team Members | Contact Information | Research Design | Questionnaire |

| Survey Report | Press release provided by sponsor | Powerpoint slides provided by sponsor |