High net worth Hong Kong Chinese fail to prepare for retirement

Professional Adviser
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High net worth Hong Kong Chinese are in danger of missing the mark when it comes to ensuring a financially secure retirement, according to Zurich International Life (ZIL).

Research released today reveals that Hong Kong Chinese run the risk of being under prepared for retirement with more than a third (37%) not confident of attaining an adequate pension pot, although young people appear to be bucking this trend when preparing for the future. The Zurich Wealth Monitor, a research probe into the attitudes and future plans of ZIL’s key customer groups, surveyed 400 high net worth Hong Kong Chinese on their attitudes to financial planning and lifestyle. The research revealed that while acknowledging they will not be adequately prepared to live a comfortable life...

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