Hong Kong Annuity Company authorizes Bank of China Life to be its referral partner to jointly expand the annuity market in Hong Kong.
On August 7, the Hong Kong Annuity Company announced that through its strategic partnership with Bank of China Life, it has authorized Bank of China Life to refer qualifications.
Hong Kong Annuity Company, wholly owned by Hong Kong Mortgage Corporation Limited, has been collaborating with various institutions to promote the Hong Kong Annuity Scheme. On August 7, Hong Kong Annuity Company announced that, through a strategic partnership with Bank of China Group Insurance Company Limited (BOC Insurance), it has authorized designated licensed insurance intermediaries of BOC Insurance to introduce the Hong Kong Annuity Scheme to their clients and refer qualified clients to Hong Kong Annuity Company for follow-up.
Leung Ling Chi, Executive Director and CEO of Hong Kong Annuity Company, stated that the company has always been committed to promoting the development of the annuity market. Through this partnership with BOC Insurance, it aims to enable more licensed insurance intermediaries to assist the public in deepening their understanding of the important role that the Hong Kong Annuity Scheme plays in retirement financial planning. The company hopes to work closely with more institutions to help the public achieve long-term and sustainable retirement living goals.
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