Is your pension looking poorly?

09 August 2020 - 00:18 By LAURA DU PREEZ

Are you one of many South Africans likely to earn a disappointing pension in retirement? Or unlikely to ever reach the financial freedom of having your savings, rather than your labour, provide an income?

Alexander Forbes' latest Member Watch survey showed that before the coronavirus pandemic, retirement fund members would on average reach retirement age with enough savings to provide just a quarter of their final salaries. The pandemic will most likely make this statistic worse...

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