The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Fidelity Global Women & Money Study 2022: Nearly 50% of Women in Hong Kong are Facing Retirement Income Challenges
7th May 2022 | Hong Kong
In the 2022 March findings of the Fidelity Global Women & Money Study 2022, nearly 50% of women (46%) do not feel confident that they have sufficient income for retirement, higher than the 43% of men who feel the same. As Hong Kong’s border reopens and social restrictions ease, residents in the city may already be making plans on where to travel or how to spend their money. While prioritising short-term spending over long-term savings can be tempting, it is important not to forget to plan for the future. Charlotte Chan, Fidelity International Head of Distribution & Hong Kong Workplace and Personal Investing: ”Maintaining good savings and spending habits, as well as seeking appropriate financial advice, can help maximise the value of their hard-earned income and stay on track to achieving a comfortable retirement. As Hong Kong reopens and residents plan their spending, they should take a moment to review their long-term financial goals and consider setting aside a bit more money towards their retirement savings and investment pools. Recent market volatility may have weighed on investors’ confidence, but it is worth noting that volatility is an inevitable and inherent part of investing. Experience tells us that some of the most interesting investment opportunities appear during down markets. If investors buy assets with low valuations during this time, it may present favourable returns when the market rebounds. Staying focussed on the longer term and staying invested throughout different market cycles can help investors smooth returns and generate more discretionary income at different stages of life.”
“ Nearly 50% of Women in Hong Kong are Facing Retirement Income Challenges “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Fidelity Global Women & Money Study 2022
Fidelity’s Global Women & Money Study 2022 shows that nearly half of women (46%) do not feel confident that they have sufficient income for retirement, higher than the 43% of men who feel the same.
Nearly half of women in Hong Kong may face retirement income challenges, potentially due to the lack of confidence in financial planning. On average, women in Hong Kong expect to retire at age 63, two years earlier than men’s expected retirement age of 65. Once retired, women expect to fund 21 years in retirement and anticipate relying upon HK$22,000 per month on average. In comparison, men expect to fund 20 years in retirement and anticipate relying upon HK$23,000 per month on average.
Only 32% of women and 37% of men in Hong Kong say they are confident in their financial situation as a whole, and 33% of women say they are confident in their ability to make their pension contributions whereas 40% of men say the same.
Women in particular are less active in their retirement contributions and planning. According to the 2022 study, less than a third (27%) of women say they regularly make additional contributions to their pension and 37% of women say they actively make decisions about how their pension should be invested.
Barriers that prevent women from saving or saving more into their pensions include a lack of available funds after outgoings (37%), not knowing how best to save for retirement (31%) and having other saving priorities, such as for a house or a car (20%).
What matters most in retirement to women and men
Both men and women are aligned on the factors to consider when planning how much they need in retirement. Topping the list is the required or desired standard of living in retirement (women: 47%, men: 46%), followed by disposable income in retirement (women: 46%, men: 46%) and what they can save for retirement after essential bills have been paid (women:39%, men: 43%).
Over 60% of women prioritise being able to travel in retirement, followed by maintaining personal hobbies and being able to afford care to stay in their own home. Men rank being able to travel and maintaining personal hobbies in retirement as equally important.
Chart 1: What matters most in retirement to women and men
Long-term investing to navigate through market volatility
The current market conditions continue to be a top concern for many, despite their retirement being years away. The continued pandemic uncertainty (66%), the long-term health of the economy (51%), and market volatility (51%) are a few areas women in Hong Kong are worried about. This may explain why that over the past 12 months, women are more likely than men to have decreased the amount they save, invest or contribute to their pensions.
Chart 2: Financial changes over the last 12 months
Charlotte Chan, Fidelity International Head of Distribution & Hong Kong Workplace and Personal Investing:
”With the survey findings suggest that a sizeable proportion of women believing that they do not have sufficient income to fund 21 years in retirement, it is even more critical they plan early and set realistic, achievable goals. Maintaining good savings and spending habits, as well as seeking appropriate financial advice, can help maximise the value of their hard-earned income and stay on track to achieving a comfortable retirement.
As Hong Kong reopens and residents plan their spending, they should take a moment to review their long-term financial goals and consider setting aside a bit more money towards their retirement savings and investment pools. Recent market volatility may have weighed on investors’ confidence, but it is worth noting that volatility is an inevitable and inherent part of investing. Experience tells us that some of the most interesting investment opportunities appear during down markets. If investors buy assets with low valuations during this time, it may present favourable returns when the market rebounds. Staying focussed on the longer term and staying invested throughout different market cycles can help investors smooth returns and generate more discretionary income at different stages of life.”
About Fidelity International
Fidelity International offers investment solutions and services and retirement expertise to more than 2.7 million customers globally. As a privately-held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 locations and with $812.8 billion in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals.
Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $610.5 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures. Data as at 31 December 2021.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
