Hong Kong seen having onerous pension challenge

Oct 30, 2018

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.

Hong Kong seen having onerous pension challenge

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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