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The Batseta Council of Retirement Funds for South Africa (Batseta) welcomes the recent withdrawal of the 2003 determination by the Minister of Employment and Labour, which previously exempted employers from the application of section 34A of the Basic Conditions of Employment Act (BCEA) in relation to benefit fund contributions.
As we move into the new year, it’s a good time to look at our financial plan and set realistic goals to work towards this year.
The old idea of retirement — a single moment when work stops and leisure begins — no longer fits the modern world. Longer lives, shifting work patterns and uncertain finances are turning retirement into a gradual process rather than a fixed event.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?