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Just as an organisation needs directors to run it, so does a retirement fund needs a body which is responsible for the management of the fund. Every retirement fund must appoint trustees whose duties and responsibilities are governed by legislation and fund rules.
The temptation to retire early and adopt a life of leisure can be particularly seductive as you enter your fifties and sixties, especially after many years spent with your nose to the grindstone. But can you afford it?
Defined Contribution vs Defined Benefit Pension Plans and New Generation CDC Plans: What the US can learn from SA
When it comes to saving for retirement, the biggest detractor of value is cost.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?