Hong Kong seen having onerous pension challenge
With an ageing population and no state-funded pension provision, a lot is riding on Hong Kong's mandatory corporate pension schemes, which remain relatively short of assets.
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Hong Kong's pension system rests squarely on privately funded provision, so meeting the retirement needs of its population, particularly its most vulnerable, remains an onerous challenge, participants at a symposium held by the Mandatory Provident Fund Schemes Authority (MPFA) heard on Monday.
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