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We are living longer and are in retirement for longer, but our money is losing its value – is this a conundrum?
The decision by the National Treasury to delay the implementation date for the Two-Pot Retirement System from 2024 to 2025 will allow enough time for legislation to be finalised, rule amendments to be processed, and member engagement to be effected, according to Old Mutual.
The strongest deterrent against FSP compliance missteps is or should be: