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Millennials are redefining the working environment, placing a bigger emphasis on tech and innovation, flexibility and rewards that aren’t only about remuneration. Experts predict that by 2020, millennials will make up 35% of the global workforce. It makes sense then that business owners consider how their employee benefits need to change in order to attract and retain talent.
As the obligations for trustees to select the most appropriate retirement solution for their members grows more onerous, it is crucial to weigh up the long-term impact for total fees along with other important features to assess a good retirement solution.
Research in Britain has revealed a shocking surge in the gap between men and women when it comes to living standards in retirement, according to an article* published by The Actuary, the magazine of the Institute and Faculty of Actuaries in the UK.
Highly attractive infrastructure and private equity investment opportunities abound in Africa, but foreign pension funds’ willingness to invest in the region will depend on a more stable political and regulatory environment, and the availability of local peers to collaborate and co-invest in projects.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?