AI and shifts in consumer behaviour are changing the way wealth management experts and investors are planning for the future

HSBC hosted a Future Wealth Conference at The Rosewood Hong Kong earlier this month, bringing together industry leaders, financial experts and high-net-worth individuals to explore the forces reshaping wealth in an era of rapid change. The conference was an exclusive event for the bank’s Premier Elite clients.

The conference, themed “Unpacking Trends, Unlocking Opportunities”, focused on three critical areas: the opportunities and challenges of extended lifespans, the transformative potential of artificial intelligence (AI), and the shifts seen in consumer behaviour, with panel discussions led by experts in their respective fields.

Rethinking retirement

Hong Kong boasts one of the highest life expectancies in the world, at 86 years. As such, individuals are redefining retirement as the next chapter in their lives. However, recent challenges including the pandemic, market volatility and inflation have heightened concerns about financial security in old age.