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Simon Pearse, CEO of Marriott, the Income Specialists, looks at the chasm between retirement needs and retirement provision and suggests how industry players can remain relevant in a changing regulatory environment.
Complaints from South African financial services industry players about the amount of regulation in the industry is an attempt to deflect attention away from the most important challenge facing investors; which is high fees and not the cost of regulation.
“For each additional year you expect to live in retirement you need to accumulate approximately 5% more capital,” says Andrew Davison, Head of Institutional Asset Consulting at Acsis. That means if you exceed today’s average life expectancy by a decade, y
South African households are not saving adequately for retirement because they do not have the financial know-how to plan and budget effectively. Addressing this has become a priority item on government’s agenda, who says South Africa’s employers have a s
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?