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Life assurance (underwritten) retirement annuities (RAs) are again in the spotlight due to high termination penalties as a result of their upfront fee structure, but Liberty warns that before vilifying this long-standing savings product people should stud
The drive for cost containment and fund governance, as well as the onerous risk and responsibility of trustees in an increasingly legislated environment, has seen many employers in the South African retirement industry opt for umbrella funds as a way to m
South Africa has a new class of vulnerable, threatened citizens – ‘rate victims’ on pension who are reeling from the prolonged effects of historically low levels of interest.
The Government’s strategy towards retirement reform poses some interesting contradictions. On the one hand the cost of advice is being targeted by government as being the main contributor to the high costs of savings for individuals through intermediary c
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?