Hong Kong has an ageing population and choosing the right retirement scheme is a matter of great importance for the 3 million workers here.
New York Life recently has launched a pension plan product which allows policyholders to pay an eight-year premium in order to guarantee a monthly income for up to 18 years.
In this programme, Diana Kwan, the insurance company's Hong Kong vice-president and head of marketing and product development, explains why she thinks there is a demand despite the widespread coverage by MPF and other pension schemes. AUDIO AFTER THE JUMP.
Click here to watch video highlights of the interview.