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New iAM Smart App Fights HK Pension Fraud

1/25/2026

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Story summary
  • Hong Kong’s Mandatory Provident Fund operator replaced its eMPF electronic verification system to curb forged-identity scams and strengthen online security for retirement accounts.
  • Ayesha Macpherson Lau, chairwoman of the Mandatory Provident Fund Schemes Authority, announced the switch to the government’s iAM Smart app after criminals stole HK$1.8 million (US$231,300) from pension accounts.
  • Moving forward, all users must register through iAM Smart to strengthen verification measures.