Mortgage Corporation chief executive Raymond Li says the proposed public annuity plan will go to the board for approval by the end of June. Photo: Sam Tsang
Mortgage Corporation chief executive Raymond Li says the proposed public annuity plan will go to the board for approval by the end of June. Photo: Sam Tsang

Hong Kong Mortgage Corporation to offer public annuity scheme for retirees

If scheme is approved, it will be launched within 12 to 18 months and will involve an investment of less than HK$300,000

Mortgage Corporation chief executive Raymond Li says the proposed public annuity plan will go to the board for approval by the end of June. Photo: Sam Tsang
Mortgage Corporation chief executive Raymond Li says the proposed public annuity plan will go to the board for approval by the end of June. Photo: Sam Tsang
READ FULL ARTICLE