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  • November 28, 2014
  • Last updated: 12:05pm
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  1. Lawmakers approve early retirement plan for teachers

    Posted Feb 28th 2004, 12:00am by May Chan

    ... May Chan A $700 million early retirement scheme for surplus primary school teachers was approved by legislators yesterday. Permanent Secretary for Education and Manpower Fanny Law Fan Chiu-fun said ex gratia payments would be provided to the 1,700 teachers expected to retire early in the next three years. They would receive one month's salary for every two years of service, ...

  2. Authority offers retirement plan

    Posted Jul 14th 2004, 12:00am by Chloe Lai

    ... by the sell-off plan. Those who join the scheme will receive immediate pension payments and one month's salary for every two years of complete service. However, those who reach retirement age ... Chloe Lai A voluntary Housing Authority retirement scheme for civil servants affected by the government's sale of car parks and shopping malls could save the government up to $310 ...


    Posted Mar 13th 2004, 12:00am by Elizabeth Turner

    ... The professional diploma in personal financial planning comprises six courses, covering foundations in financial planning, investments, insurance, retirement plans and employee benefits, tax planning and advanced financial planning. The total course fees are $23,400. ...

  4. Workers save extra for financial security

    Posted Jun 16th 2004, 12:00am by Chris Davis

    ... Reports by Chris Davis HSBC has set up a pilot programme in response to a growing interest among employees in retirement planning A growing number of employees who have become used ... are seeing a gradual increase in the understanding of what MPF is about, and the need to plan for financial contentment upon reaching retirement,' said Luzia Rosa Hung, HSBC general manager ...

  5. SPACE opens up world of career opportunities

    Posted Mar 06th 2004, 12:00am by Chris Davis

    ... environment in Hong Kong, high per-capita gross domestic product, an ageing population, and government privatisation of the retirement system, personal financial planning is well-positioned to become ... of the financial planning profession and the CFP programme is timely to ensure that consumers are getting quality advice on retirement plans from qualified professionals,' Ms Ng says. ...

  6. School pioneering top programme in Chinese

    Posted Aug 21st 2004, 12:00am by Chris Davis

    ... for quality and accuracy. The modules consist of the foundations of financial planning, insurance, investments, tax planning, retirement plans, employee benefits and advanced financial planning. About ... are getting quality advice on matters such as retirement plans from qualified professionals,' Ms Ng said. With the mainland's pension-fund assets under professional management expected ...

  7. Tailor-made plans fit best

    Posted May 06th 2004, 12:00am by Chris Davis

    ... are needed to ensure a comfortable level of income upon retirement. Ms Wong said a professionally tailored financial plan would take into account age, income, debts, financial commitments, risk ... be structured to cover the down payment on a flat, buy a car or pay for continuing education. 'As a 30-year-old has a long time to reach retirement age, their financial plan can weather ...

  8. Shearer rules out chances of making comeback

    Posted Jul 16th 2004, 12:00am by Unus Alladin

    ... whether there was any chance he might put off his retirement plans, the Newcastle United striker said: 'No, I don't think so. I have had a decent career and I have always made the point ... youngster James Milner, who played his first game for the Magpies in Bangkok. But it was clear that Shearer grabbed centre stage as he talked about his retirement plans and Sunday's game ...

  9. Public's investment in future a positive sign

    Posted Jun 16th 2004, 12:00am by Chris Davis

    ... the launch of the scheme, Hong Kong retirement plans and the funds management industry have been irrevocably altered. The MPF is widely credited as a key driver in shaping the public's growing ... of the MPF scheme they are looking at investing in other long-term savings and retirement plans over traditional investment such as stocks, which in the past have proved risky,' Ms Wong said, ...

  10. Retiring in comfort may call for higher levels of saving

    Posted Jun 16th 2004, 12:00am by Chris Davis

    ... retirement plans should look at achieving financial security for at least 15 to 20 years after retirement. She said that another factor to consider was a decline in the tradition of children ... in planning for retirement was to decide on asset allocation to articulate and quantify retirement goals. Next, a balance sheet and cash flow statement would help to determine what return was required ...




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