IFA to tackle some, not all, retirement issues

Jul 13, 2004

Hong Kong''s funds industry is setting a technocratic reform agenda but shying from bigger policy issues.

At the beginning of the year, the Hong Kong Investment Funds Association (IFA) commissioned a paper to develop an optimal model on retirement income policy for the Territory, which on present trends faces a nightmare of demographic ageing. The Mandatory Provident Fund (MPF) system implemented in 2001 is widely viewed as a reasonable start, but totally insufficient to allow most Hong Kongers to retire in dignity and financial security.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]