Getting Back on Track - SPONSORED - Magazine | Asia Asset Management
Sponsored The Covid-19 pandemic has unleashed a global economic crisis that has had a dramatic impact on all aspects of society and life. In Hong Kong, the unemployment rate is at its highest in 16 years and is expected to edge up to near 7% around the Lunar New Year 1. As the economic situation remains uncertain, even those who remain employed have seen their income affected. A recent desired retirement tracker survey reveals that 55% of respondents have had their income affected by the pandemic, and 38% have used their retirement reserves to meet daily expenses. The survey also reveals that...