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One year ago, the key risks to the fiscus were the government wage bill and capital requirements of badly run, inefficient state-owned enterprises.
The most pertinent question from the ordinary South African is, will the minister increase our taxes? The fear of the increase in tax is justified if one looks at the limited options that government has with the low economic output and resultant low revenue.
The evolution of a global economic system is arguably one of the most important developments of the past 100 years. Love it or loathe it, globalisation gave rise to significant growth in trade between countries and this international trade has been a key driver of economic growth for the vast majority of countries across the globe.
What can retirement funds do to improve client-adviser engagement during members’ employment years?