HKMC Annuity Limited, a wholly owned subsidiary of The Hong Kong Mortgage Corporation Limited, has entered into a strategic partnership with Chow Tai Fook Life Insurance Company Limited. Designated licensed CTF Life insurance intermediaries may introduce the HKMC Annuity Plan to customers and refer eligible customers to HKMC Annuity Limited. The agreement follows the addition of BOC Life’s tied agency force to the referral network in July. HKMC Annuity Limited has added two insurance companies as referral partners in the second half of 2026 and now works with three insurers to widen access to the plan, which is intended to help customers manage longevity risk and build sustainable retirement income.
2026-09-09Hong Kong Monetary Authority
Hong Kong's HKMC Annuity Limited expands annuity referral network through CTF Life partnership
HKMC Annuity Limited has authorized designated licensed CTF Life intermediaries to introduce the HKMC Annuity Plan and refer eligible customers. The partnership brings its insurance company referral network to three, following a separate expansion involving BOC Life in July.