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European markets

20 September 2004 Angelo Coppola

RMB AM and Business Day report that European stocks snapped a two-day winning streak yesterday.

This with the news that Dutch giant Unilever dragged consumer goods shares lower after a profit warning, while a spike in oil prices also damaged sentiment.

Quick Polls

QUESTION

There are countless articles written about South Africa’s poor retirement outcomes. Which of the following would you single out as the biggest contributor to local savers not accumulating enough to buy an adequate and sustainable pension?

ANSWER

Lack of personal accountability
Poor participation in formal retirement funds
Reluctance to seek financial advice early on
SA’s high unemployment rate
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