Edmond Lau, CEO of HKMC Annuity, the government-backed entity which will run the planned annuity scheme for retirees. Photo: Nora Tam

Hong Kong to launch retirement annuity scheme in July as it eyes an ageing population

The scheme will offer a monthly income for life guaranteed by the government, but analysts note that it will only cover a limited number of people

Topic |   Ageing society

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Edmond Lau, CEO of HKMC Annuity, the government-backed entity which will run the planned annuity scheme for retirees. Photo: Nora Tam
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