Training the pension fund service providers

The HKRSA and Hong Kong University team up to certify retirement services professionals.

The Hong Kong Retirement Schemes Association in conjunction with the University of Hong Kong's School of Professional and Continuing Education Space is establishing a certification process for professionals involved in retirement services, such as fund managers, trust bank employees and human resources managers.

David Humphreys, the recently retired CEO of HSBC Provident Fund Services, is one of the HKRSA organizers for the programme. My impression is there isn't enough known about retirement planning, he says. A company's HR department will have an MPF or ORSO pension scheme but doesn't really know how to look after an employee's retirement needs. And at service providers, the staff take insurance exams in order to advance, but this has...

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