Magazine: Building retirement resilience through employer action

As Hong Kong faces the twin challenges of an ageing population and increasing life expectancy, retirement adequacy is becoming a growing concern for employees, employers and policymakers alike. While the Mandatory Provident Fund (MPF) system provides an important foundation for retirement savings, many employees may need significantly more resources to maintain their desired lifestyle throughout retirement. The latest research conducted by WTW in partnership with The Hong Kong Retirement Schemes Association (HKRSA) explores retirement preparedness in Hong Kong and highlights how employers can play a pivotal role in strengthening retirement outcomes for the workforce.

WTW has the largest team of retirement consultants in Hong Kong who are available to help you with all aspects of retirement benefit design, provider review / monitoring, employee communication and financial analysis. Contact us for a discussion on how we can help.