Retirement planning

Poverty in old age a future we must avert

27 Feb 2013

A new report by HSBC estimates that most people will spend 18 years in retirement, but says they have enough savings to fund only 10 of those years in comfort. It paints a grim picture of elderly...

Cost of buying a home is main obstacle to retirement saving

21 Feb 2013

With property prices rising, down payments have become a burden for homebuyers. Two in five Hong Kong respondents said buying a home or paying a mortgage was derailing their effort to save money,...

Ask Melanie: New Year's evolution

7 Jan 2013

What strategies should I consider in 2013 to shore up financial security?

Here's a programme for the next 12 days, weeks or months.

The pitfalls of investing in ILAS

17 Dec 2012

In 2010, Li (who asked that her full name not be revealed) started a new job with a higher salary. Her wealth planner, who worked for a global bank, advised Li to invest in a pension plan sold by...

Time to check the fine print

6 Nov 2012

Typically astute and informed about property and personal investments, Hongkongers have always been lukewarm about the Mandatory Provident Fund (MPF) and its promised benefits.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Fund data shows optimistic signs

Any assessment of how well MPF funds have performed this year comes with a couple of caveats. Recent advances may compensate only in part for the declines of previous years.

Making a cautious case for insurance-linked annuity plans

I save regularly into an investment portfolio managed by my adviser and am happy with that. I'm 45, and this portfolio will be my only source of income in retirement. I could add a bit more each...

MPF chief seems determined to be an enemy of the people

"The MPF was set up in a way that was employer based and it let 250,000 employers determine the providers in order to eliminate administrative burdens.

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INVESTMENT

Warning over public trust role for Hong Kong's retirement scheme