The public annuity scheme is a measure aimed at preparing for Hong Kong’s ageing population. Photo: Fung Chang

Hong Kong’s retirement annuity scheme refined after 40 per cent of initial subscriptions failed

  • The annuity scheme was announced earlier this year as part of an effort by the government to prepare for an ageing population
  • The plan was criticised by many for generating a low return, locking up liquidity and having a cap that limited the monthly ­income received
Topic |   Hong Kong's state-funded pension scheme

TOP PICKS

The public annuity scheme is a measure aimed at preparing for Hong Kong’s ageing population. Photo: Fung Chang
READ FULL ARTICLE