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It was with much interest we read a recent report that suggested the South African government, for the sake of simplicity, wanted to reduce retirement products to only one. In practical terms, our initial feeling is, this can only result in disaster. Cur
But how ready is the South African market – and is passive the only way to reduce costs and what effect will it have on returns?
Given the many rising costs that consumers face each month, such as municipal tariffs, food and most recently, the petrol price, National Savings Month – an initiative educating consumers to save for the future – couldn’t have come at a more critical time
The fifth and final discussion document on South Africa’s retirement industry that was released last week is likely to result in a significant shake up in the sector and one that, after rigorous consultation amongst all stakeholders, will result in draft
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?