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Getting old? You better start getting aggressive with your investment planning if you’re anything like the average senior saver-investor.
The role of behavioural finance in retirement
South Africans across all income groups are fighting a losing battle to maintain their standard of living. The country has stagnated in terms of economic growth, the job market and the stock market, and real income growth has slowed.
Word from Antony Barker, Chief Pensions Officer at Santander Bank in the UK, is that the elephant in the room when it comes to funding for retirement is not so much the obvious — increased life expectancy (longevity) — but life expectation. It is more a lifestyle crisis than a crisis of longevity.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?