The Week Explained: Investing in old age

As Hong Kong crawls towards providing better support for the elderly poor, we still have nothing resembling a universal pension scheme. For most people who are neither rich nor poor, providing for old age remains a headache.

This headache is hardly relieved by the assumption that seniors (generally defined as those over the age of 65) have learned nothing from their long experience of life and are assumed to be novices when it comes to investment.

via Business feed http://www.scmp.com/business/money/money-news/article/1105452/week-explained-investing-old-age