n Personal Finance Newsletter - Is compulsory retirement savings viable in South Africa? : comment
|Article Title||Is compulsory retirement savings viable in South Africa? : comment|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Jul 2008|
|Pages||1 - 2|
Experience in countries such as the United Kingdom (UK) and Australia illustrates that the introduction of compulsory retirement savings is very beneficial for the industry if an open model is adopted and members could gain from reduced administration costs so that more money is devoted to savings.
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