Hong Kong Monetary Authority Reveals Life Annuity Scheme

Posted on 07/30/2018

The Hong Kong Monetary Authority (HKMA) unveiled its HK$ 10 billion life annuity scheme. HKMA will use its internal teams to invest the premiums and manage the portfolio risk. HKMC Annuity Limited (HKMCA), wholly-owned by The Hong Kong Mortgage Corporation Limited (HKMC), launched the HKMC Annuity Plan in early July. According to the HKMA, HKMCA […]

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