British wealth manager SJP eyes China’s growing pension market, details retirement risk for Hong Kong’s ‘sandwiched generation’

UK-based wealth-management company St James’s Place is eyeing China’s pension market amid the nation’s development of a private-pension segment that is expected to draw US$17.8 billion a year into the asset-management industry. Meanwhile, the firm on Wednesday released research that underlines the need for early retirement savings among Hongkongers who…