6 steps for employers to help staff retire more comfortably
The new tax laws around retirement funds now enable most employees who are members of a company retirement fund to make bigger tax deductible contributions into their fund every month, which will ultimately boost their retirement savings. Romeo Msipha, Senior Consultant at Old Mutual Corporate Consultants, says that employers should make it as easy as possible for employees to take advantage of this opportunity in order to maximise their retirement outcomes.