Asia Fund View : Many In HK Not Retirement-Ready, Says HSBC
Many Hong Kong residents aren’t financially prepared for retirement but they should be, given the aging population and low birth rates, say executives at HSBC Holdings PLC. “People generally know there is a need to save more but there is a lack of understanding about actual financial needs,” said C.F. Choy, chief executive of HSBC Insurance (Asia-Pacific) Holdings Ltd. He estimates around[Read More…]