Gov't rolls out finance course for seniors under Elder Academy scheme

It aims to expand the course to about 180 elder academies over the next three years.

The government has introduced the Wealth Intelligence for Smart Elders course under the Elder Academy (EA) scheme, designed to boost financial management skills amongst elderly learners.

Set to be implemented in around 60 EAs during the 2024 to 2025 school year, the programme aims to help seniors make retirement-related financial decisions, navigate fintech applications, and recognise online fraud risks.

The government aims to expand the course to about 180 EAs over the next three years. There are around 200 EAs operating in primary, secondary, and post-secondary institutions across Hong Kong, and the scheme is set to provide about 15,000 learning places for seniors over the next year.