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Old Mutual says proposals to streamline the South African retirement system, which were outlined in a discussion document released by Finance Minister Pravin Gordhan yesterday, are encouraging from the perspective of ordinary South Africans.
Only 14 per cent of 40-60 years olds in South Africa feel confident that they will be financially secure in retirement, a new study by the deVere Group has found.
Absa, South Africa’s largest retail bank by customer numbers, has welcomed the labour department’s plans to promote retirement savings amongst vulnerable workers. Johan Gouws, Executive Director at Absa Investments, says the move will allow more South Afr
With annuity rates at an historic low, British expats are increasingly turning to Qualifying Recognised Overseas Pensions Schemes (QROPS) to provide them with a retirement income, say personal finance experts.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?