Tag: Owners

Annuity Owners Report Product Satisfaction, Positive Buying Experience

 In a time of so much economic and financial uncertainty, 92% of fixed rate annuity owners and 100% of fixed indexed annuity owners agree that it is important their annuity cannot lose value for as long as they own the product, according to NAFA’s newly published Survey of Fixed Annuity Owners. Safety was also cited as the top reason for purchase by both fixed rate (27%) and fixed indexed annuity (32%) owners. The study also found that fixed annuity owners believe annuity professionals are working to deliver thorough product education to ensure consumers understand their product purchases and are buying ... Read more

Hong Kong – Two property owners fined over $10,000 in total for failing to comply with Fire Safety Improvement Directions

Two property owners fined over $10,000 in total for failing to comply with Fire Safety Improvement Directions ******************************************************************************************      Two property owners were convicted and each fined $5,295 at the Kwun Tong Magistrates’ Courts early this month for failing to comply with fire safety improvement directions issued under the Fire Safety (Commercial Premises) Ordinance (FS(CP)O) (Cap. 502).      The Buildings Department (BD) issued fire safety improvement directions under section 5(1A) of the FS(CP)O to the property owners of two premises in a 40-year-old specified commercial building at Ma Tau Wai Road, Kowloon City, requiring them to ... Read more

We are trustees not owners says Union Environment Minister at the launch of ‘Azadi Ka Amrit Mahotsav-Iconic week’ of the ministry

On the occasion of Gandhi Jayanti and heralding the Iconic Week of Azadi ka Amrit Mahotsav of MoEFCC (4-10th October 2021), Minister for Environment, Forest and Climate Change, Shri Bhupender Yadav today flagged off a rally on wheels ‘India for Tigers’ and released guidelines for ecotourism and also released guidelines for enumeration of river Dolphins in Indus and Ganges rivers. Shri Yadav informed that during the ‘Azadi Ka Amrit Mahotsav- Iconic week’ and beyond, it is envisaged that an intensive, country wide campaign which will focus on citizen participation, to be converted into a ‘Janandolan’, where small changes, at the ... Read more

Hong Kong – Property owners given suspended jail sentences for persistently not complying with removal orders

Property owners given suspended jail sentences for persistently not complying with removal orders ******************************************************************************************      ​Three property owners were given suspended jail sentences last week at the Tuen Mun Magistrates’ Courts and the Kowloon City Magistrates’ Courts respectively for failing to comply with two removal orders issued under the Buildings Ordinance (BO) (Cap. 123).             The first case involved a three-storey house on Yu Chui Street, Tai Lam, Tuen Mun. The unauthorised building works (UBWs) included illegal site formation works for constructing around 120 square metres of garden and construction on different floors of five structures of about 55 sq m ... Read more

Hong Kong – Four vehicle owners convicted for illegal disposal of waste from vehicles (with photo)

Four vehicle owners convicted for illegal disposal of waste from vehicles (with photo) **************************************************************************************      Four vehicle owners, whose vehicles were involved in illegal waste disposal in Ping Che, New Territories, were convicted and fined a total of $8,000 at the Fanling Magistrates’ Courts today (May 25) for contravening the Public Cleansing and Prevention of Nuisances Regulation. In addition to these four convictions, 13 other cases of the same kind that happened at the same location have been scheduled for hearings in the Fanling Magistrates’ Courts.      A spokesman for the Environmental Protection Department (EPD) said that the ... Read more