Aging Tigers

Variable Annuities

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"From the level of media coverage, you would assume that western governments are the most concerned about the issue of aging and how to fund it. But in Singapore, Hong Kong, Taiwan and South Korea, the problem is much more serious."

The inexorable greying of Europe's population has seen all its major economies looking to overhaul their pension provision in recent years. But according to Mun Kurup, Hong Kong-based head of Asia Pacific Annuities for ING, the same drivers for change - increasing lif