n Personal Finance Newsletter - Why retirement isn't as comfortable as you'd hoped : retirement
|Article Title||Why retirement isn't as comfortable as you'd hoped : retirement|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||May 2010|
|Pages||9 - 10|
Of the 1 051 individuals (LSM 6-10, employed fulltime) surveyed in the consumer part of the survey, 57% belong to a pension / provident fund, says MD of Old Mutual Actuaries and Consultants Craig Aitchison.
Of the 43% that don't have a pension / provident fund, 90% work for an employer who doesn't offer any retirement fund option. Around 50% of the 90% would opt into a fund if their employer offered one.
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