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Hong Kong: Manulife launches wealth accumulation product

| 23 May 2022

Manulife Hong Kong has launched ManuGlobal Saver - a product designed to meet the growing demand among people looking to capture opportunities both locally and globally for long-term wealth accumulation.

Customers can enjoy flexibility in wealth planning with seven currency options and different legacy planning tools.  

ManuGlobal Saver is available in US Dollar, Hong Kong Dollar, Renminbi, Canadian Dollar, Australian Dollar, British Pound Sterling and Singapore Dollar. The diverse range of currency options helps customers prepare for retirement, children's education, or other financial goals in Hong Kong or overseas. The plan has a currency switch option which allows customers to change the policy currency to meet their evolving needs at different life stages, or when the dynamic global market presents new opportunities.

Offering customers different ways to accumulate wealth, including long-term savings from both guaranteed cash value and non-guaranteed terminal bonus, ManuGlobal Saver gives customers greater flexibility over their ongoing wealth and legacy planning. The plan also features extra liquidity with a realization option and flexible withdrawal options, as well as wealth transition to future generations.

"Given the dynamic global environment, it is imperative for people to have access to wealth solutions that support their international ambitions at various stages of their life. Furthermore, our research has shown strong demand for multi-currency products, which is why we have launched the ManuGlobal Saver. The new plan offers great flexibility to support customers who are looking to secure the financial future of themselves or their children, in Hong Kong or abroad," said Mr Danny Lee, Chief Product Officer, Manulife Hong Kong and Macau.

"When it comes to wealth accumulation, acting sooner buys customers time to reap the long-term potential benefits. ManuGlobal Saver complements Manulife's current holistic saving portfolios, allowing customers to tap into the potential of global currencies."