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  • November 28, 2014
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  1. Comment - Insight & Opinion

    Poverty in old age a future we must avert

    Posted Feb 27th 2013, 12:00am by LOUISA CHEANG

    ... Louisa Cheang Louisa Cheang says people must be persuaded to plan for retirement For too many, a future of poverty in old age beckons Retirement is supposed to be a carefree time ... starting to run out of money just as their medical bills and care costs start to mount in earnest. The report surveyed 15,000 people in 15 countries on their retirement plans. Over half the people ...

  2. Business - Money - ASK MELANIE

    Ask Melanie: New Year's evolution

    Posted Jan 07th 2013, 12:00am by Melanie Nutbeam

    ... of your planning. Discuss them with any significant other(s) and list them as short, medium and long-term targets. Referencing them to your age gives razor-sharp focus, for example to "providing college fees for two kids from when we're 47-53 years old" and "retiring when we're 60". Prepare your statement of financial position: this snapshot of your ...

  3. Sport - Other Sport - BASEBALL

    Bud Selig announces future retirement plans

    Posted Sep 27th 2013, 10:57am by AP

    ... contract as commissioner in 2001. He first announced his planned retirement in 2003, telling a group from Associated Press Sports Editors he would leave in 2006. “For a guy who took it in Sept. 9, ... Associated Press in New York Long-serving MLB commissioner retires in January 2015, leaving a legacy that could be seen as both good and bad for the sport Selig's long goodbye brings ...

  4. News - Hong Kong - EDUCATION

    Junior 'legislators' retirement plan wins votes

    Posted Aug 12th 2013, 12:00am by JOLIE HO

    ... Legco's plan for retirement gets votes A proposal on universal retirement protection by "lawmakers" from the city's secondary schools won the approval of real legislators ... the architectural, surveying and planning sector. Association vice-president Timothy Chau Tin-lok from the University of Science and Technology said that the students had been divided into five panels ...

  5. Comment - Insight & Opinion

    Time for Hong Kong to move on retirement plan

    Posted May 28th 2013, 12:00am

    ... SCMP Editorial Time to move on retirement plan If a few radical pan-democrats had their way, a consultation on a universal retirement protection scheme would be launched tomorrow. But the government says an official study on the need for one could take years. There is evidence to support more urgency rather than less haste. The Family Planning Association has just released its latest ...

  6. News - Hong Kong - AVIATION

    Cathay crew uneasy at early retirement plan

    Posted Jan 22nd 2013, 12:00am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Staff fear they will lose long-service payments if they volunteer for cost-cutting measure Cathay crew uneasy at early retirement plan Cathay Pacific is introducing an early retirement scheme for cabin crew as part of "cost management measures". But staff fear a clause in the application form could mean they will lose the long-service ...

  7. Business - Economy - HONG KONG

    Cost of buying a home is main obstacle to retirement saving

    Posted Feb 21st 2013, 12:00am by KANIS LI

    ... "The Mandatory Provident Fund is only one of the ways to prepare for retirement." Cesar said that as part of long-term planning, there were other tools for better decisions, such as seeking advice from financial advisers. On average, Hong Kong respondents believe the age of 38 is the latest people can start financial planning for retirement. Hong Kong Mortgage Corporation has ...

  8. Lifestyle - Arts & Culture

    Former child star Fung Bo-bo planned to retire, but her fans changed her mind

    Posted Sep 10th 2013, 12:00am by Yvonne Teh

    ... Yvonne Teh Former child star Fung Bo-bo was set to retire, but a chance encounter with some ageing fans made her reconsider Stardust memory For a supposedly retired actress - she ... retirement. But she recently became aware that she still has many dedicated fans, and that changed her way of looking at life. Earlier this year, 640 elderly fans - among them a 63-year-old woman ...

  9. Sport - Rugby - Six Nations

    Ireland star O'Driscoll denies plans for retirement

    Posted Feb 08th 2013, 12:00am by AFP

    ... Brian O'Driscoll said he had made no plans yet to call time on his career after suggesting recently this could be his "last" Six Nations. Having indicated he could be taking part ... he had spoken about retirement ahead of the Wales match only because he was asked about the issue. "I hadn't intended causing a stir. I was just being honest in answering ...

  10. News - Hong Kong - SOCIAL SERVICE

    One in three old people in Hong Kong are living below the poverty line

    Posted Jan 27th 2013, 12:00am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com One in three old people are living below the poverty line and the number is expected to grow unless a long-term retirement plan is established More ... developed economies, said Fang, because the city lacks a good retirement protection scheme or pension plan. "Even though there is the Old Age Living Allowance coming in April, the government ...




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