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Halloween is around the corner, and while some people will don fancy dress to prank and spook their friends and neighbours, this frightening occasion provides a timely platform to consider the real fears keeping people up at night.
A portion of South African employees are managing to win the retirement savings battle by making the right investment decisions. This is a positive indicator that the retirement savings crisis isn’t all doom and gloom.
Government and National Treasury (NT) have ambitious plans to tackle two critical shortcomings in South Africa’s retirement funding landscape. They have proposed a two-pot retirement solution that they believe will allow retirement fund members to access some of their accumulated retirement savings during times of financial hardship, while simultaneously improving preservation practices.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?