HKMC organises public education event to promote 'HKMC Retire 3' and retirement planning information (with photos)
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The Hong Kong Mortgage Corporation Limited (HKMC) organised a public education event at the Hong Kong Convention and Exhibition Centre today (July 14) to advocate making good use of the "HKMC Retire 3" products, namely the Reverse Mortgage Programme (RMP), the Policy Reverse Mortgage Programme (PRMP) and the HKMC Annuity Plan (see Note 1), to create lifelong payouts for a more stable retirement life.
The event has attracted around 300 participants, and it included a talk on the "HKMC Retire 3", a Q&A session, one-on-one consultations and giveaway games. In addition, as a retirement planning partner of the citizens, the HKMC invited AWEsum Care, a social enterprise and charity, to introduce to the participants how to plan ahead with the "Three Instruments of Peace" (i.e. a Will, an Enduring Power of Attorney and an Advance Medical Directive) according to their wishes as early as possible, providing protection for individuals and their families in the event of mental incapacity or passing.
The Executive Director and Chief Executive Officer of the HKMC, Mr Colin Pou, said, "The 'HKMC Retire 3' can provide retirees with immediate, stable and lifelong streams of income, and it has helped around 40 000 customers enhance the quality of their retirement lives. We will enhance promotion of the 'HKMC Retire 3' and support financial education for the elderly, such as by organising over 150 seminars this year, in support of the Government's initiative to promote silver economy. In fact, the retirement planning market in Hong Kong still has a lot of room for development. We will proactively co-operate with different institutions and continue to promote retirement planning concepts to the public."
For public enquiries on the product features or application methods of the "HKMC Retire 3", please call the hotline at 2536 0833.
Note 1: The RMP and the PRMP are operated by HKMC Insurance Limited, and the HKMC Annuity Plan is underwritten by HKMC Annuity Limited. HKMC Insurance Limited and HKMC Annuity Limited are wholly-owned subsidiaries of the HKMC.
Ends/Monday, July 14, 2025
Issued at HKT 17:00
Issued at HKT 17:00
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