Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen
Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen

HK$10 billion annuity pot for Hong Kong’s elderly can grow if it is popular, minister says

Paul Chan says it’s the ideal vehicle for middle-class retirees nervous about their money

Topic |   Mandatory Provident Fund (MPF)
Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen
Financial Secretary Paul Chan says the annuity scheme is a good option for those seeking a low-risk investment. Photo: Xiaomei Chen
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