More Hong Kong parents are buying annuity plans for their teenage children in the hope they will be able to enjoy a happy retirement like these people in the city’s Tseung Kwan O area. Photo: Dickson Lee

The new hot item on Hong Kong parents’ shopping lists for their teenagers: a retirement annuity plan

MassMutual Asia says it is seeing more teenagers and young people in their 20s buying annuities, and has hired boxing champion ‘Wonder Kid’ Rex Tso to promote the products

Topic |   Insurance

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More Hong Kong parents are buying annuity plans for their teenage children in the hope they will be able to enjoy a happy retirement like these people in the city’s Tseung Kwan O area. Photo: Dickson Lee
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