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The parliament’s finance committee has decided to maintain the original implementation date of the Two-Pot Retirement System of 1 March 2024. While we acknowledge the committee’s decision, we are disappointed that the proposed extension to 1 March 2025 was not approved.
Although past performance is not a good indication of future returns, it seems to remain one of the main determinants of investment switching behaviour and consequently the dreaded ‘behaviour tax’.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?