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  • October 31, 2014
  • Last updated: 2:18pm
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  1. Business - Money - ASK MELANIE

    Are you saving too much, or not enough, for your retirement?

    Posted Sep 24th 2012, 12:11am by Melanie Nutbeam

    ... I know if I’m saving enough for retirement? Whether you are saving enough will be relative to the lifestyle you want to live now and the lifestyle you want to live in retirement. Most of us want ... during our working years. Savings include repayments of mortgage principal (as opposed to mortgage interest) and compulsory savings to retirement plans. The sooner you start saving, the sooner ...

  2. Start Over, Finish Rich

    Posted May 02nd 2010, 12:00am by Charmaine Chan

    ... the economic surge that usually follows a deep recession, you couldn't pick a better time... to recommit to a wealthy future by saving and investing for retirement.' Bach's book eschews ... for each step) don't warrant reading, so basic is Bach's advice. For example: 'Don't stop saving, don't stop investing'; 'organising your finances'; ...

  3. One in five workers say their MPF savings have dropped by 40pc

    Posted Nov 19th 2008, 12:00am by Staff Reporter

    ... cover the city's 2 million workers, would be unable to support them for more than a year after retirement. Twenty per cent said they had seen their compulsory retirement savings shrink ... savings. Asked about his plan after retirement, Mr Chan said: 'I have no plans at all. I have no savings. I think I still have to work if there's anything available for me.' The 300 ...

  4. Business - Comment - JAKE'S VIEW

    People know best what to do with their own money

    Posted Oct 23rd 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp By eating away at retirement savings, the MPF does the opposite of what it was intended to do People know best what to do with their own money The Mandatory Provident ... that the best investment society ever makes is putting milk into babies. You would ordinarily think that proving need is the foremost requirement of a mandatory retirement savings scheme. Before even ...

  5. Business - Money - MPF

    MPF funds: a chooser's guide

    Posted Nov 26th 2012, 12:00am by Nicky Burridge

    ... allocation of a fund is automatically changed over time to reflect how close the individual is to retirement. The funds have names such as "Target 2048 Retirement Fund" or "Save ... For example, if you are 30 years from retirement, you may feel comfortable with a lot of investment volatility if it means you get a higher return over the medium to long term. But if you are five ...

  6. Employees deserve say on MPF, and soon

    Posted Oct 02nd 2010, 12:00am by Staff Reporter

    ... this flaw. From next year, employees were to be able to direct half their retirement savings- their own contributions- to a fund manager of their own choice, rather than accepting one chosen ... passed the second anniversary of Lehman Brothers' collapse and the onset of the financial meltdown. The implications for a freer, more competitive retirement savings market have long been ...

  7. Comment - Blogs

    Get saving for retirement

    Posted Feb 21st 2013, 02:31pm by Anna Healy Fenton

    ... Future of Retirement Survey 2013. And many oldies expect to fund their twilight years with savings, the bank finds. Now banks really hate that. No chargeable fees there. And property cost ... Asians expect their retirement savings to last only 10 years, and run out about halfway through their expected 18 years of retirement. The 15,000 surveyed people in 15 markets worldwide included ...

  8. Grappling with grey power

    Posted Oct 29th 2008, 12:00am by Staff Reporter

    ... not be a means test,' added Fung Miu-ha, 68, a member of St James' Settlement Retired Persons' Association. Hong Kong University social work professor Nelson Chow Wing-sun said the old age ... been non-means-tested until 1987, when the government relaxed the age limit from 70 to 65 in exchange for some political factions dropping their bid for a retirement protection scheme. ...

  9. The Principal proves benefits of privatised retirement solutions

    Posted Oct 08th 2014, 05:49pm

    ... Reports by Mia Daughenbaugh, Krystin Chu, Christina Liedke, Jessica Ryan and Yujia Wen Long-term savings are beneficial on individual and macroeconomic levels, whether in developed or developing economies. In Asia, where massive savings can be mobilised through employer-based retirement schemes, they spell greater resilience to more frequent turbulence in today's rapidly ...

  10. News - Hong Kong - DEVELOPMENT

    Retired senior lands officer joins battle to save green belts

    Posted Apr 28th 2014, 06:05am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Former senior lands officer resists 'wrong land use' in Tai Po by current administration 'This area is developed; developed by trees' Retired senior lands bureaucrat Allan Hay knows all about green belts and the protection afforded them by law. This month, the former assistant director of lands found himself on the other ...




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