02:45 - 03:00 PM

03:00 - 03:30 PM

Mr. Chris Tse

Opening Remarks & IFPHK Retirement Survey Updates

03:30 - 04:05 PM

Dr. David Pun

Tax Implications for Individuals Holding Other Citizenships Retired in Hong Kong

Tax planning for a retired person living in Hong Kong without other tax residency status are simple. Only limited sources in Hong Kong are taxable. But for someone with other tax residency status the case might be different. Taxation would be one of the important factors to be considered.

Government had introduced 3 insurance products for personal tax saving. By law, a tax payer would enjoy the tax saving on the payment for the insurance products not just for others. In practise this might not be applied in general to all tax payers.

In this session we are going to discuss how the tax residency status would determine the tax net of incomes earned after retirement. The second part will look into some practical cases on the payment of the 3 insurance products on how to effectively enjoy the tax saving.

04:05 - 04:15 PM

Break Time

04:15 - 04:50 PM

Ms. Cindy Wong

Estate Planning - An Integral Component of Retirement Planning

Estate planning and retirement planning are two distinct but interrelated aspects of financial planning that are essential to securing the financial future for you and your loved ones. Estate planning is in fact an integral component of retirement planning for individuals at all income levels but it is often put off to the last minute or completely overlooked.

Planning ahead for retirement involves saving and investing today to meet the retirement goals in the future which include, amongst others, lifestyle choices and medical care needs. Proper estate planning, on the other hand, ensures the safeguarding of the wealth accumulated to fulfil those goals in the event of mental incapacity, in addition to taking care of wealth transfer needs in the event of death.

In this session, we will discuss how retirement planning and estate planning when combined will help to form a holistic and robust financial plan, providing greater financial security for you and your loved ones.

Registration

04:50 - 05:00 PM

Mr. Edwin Cheung

Closing Remarks & Photo Time

05:00 - 06:00 PM

Networking Drinks at Behind Bars / Foyer

(Sponsor of Reception by FTLife)