Wilton Kee, Chief Product Officer for Individual Financial Products at Manulife Hong Kong, said: “Thanks to the government's launch of a tax deduction policy for qualifying deferred annuity premiums, we’re glad to see a rise in public interest in annuities as a retirement planning tool. Our recent survey revealed that more than 30% of respondents are interested in deferred annuity products, with tax deductible benefits being the key incentive. As a customer-centric insurer, Manulife is committed to offering a wide range of savings and retirement solutions catering to different needs at different life stages. As part of that comprehensive offering, ManuWise is designed to encourage people to step up their retirement savings for future needs.”
Designed to support customers in building their retirement reserves, ManuWise offers the following features:
Customers can access a purpose-built tax savings calc
About Manulife Hong Kong
Manulife Hong Kong, through Manulife International Holdings Limited, owns Manulife (International) Limited, Manulife Asset Management (Hong Kong) Limited and Manulife Provident Funds Trust Company Limited. As a member of the Manulife group of companies, Manulife Hong Kong offers a diverse range of protection and wealth products and services to individual and corporate customers in Hong Kong and Macau.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2018, we had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of March 31, 2019, we had over C$1.1 trillion (HK$6.5 trillion) in assets under management and administration, and in the previous 12 months we made C$29.4 billion in payments to our customers. Our principal operations in Asia, Canada and the United States are where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
 Assuming the insured is a non-smoker male aged 45. For further information about total projected IRRs and guaranteed IRRs for different plan options and factors affecting the IRRs, please refer to ManuWise’s product brochure.
 The tax deductible limit is an aggregate for both qualifying deferred annuity premiums and MPF tax-deductible voluntary contributions.
 For a premium payment term of 5 years, the annuity income period will be 20 years. For a premium payment term of 10 years, customers can choose to receive the annuity income for 10 or 20 years.
 Annual dividends and the accumulation interest rates of dividends and guaranteed annuity income are not guaranteed and we may change them from time to time.