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n Personal Finance Newsletter - Let's talk about umbrella fund fees : retirement planning

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Abstract

Umbrella funds are slowly taking over as the retirement savings vehicle of choice in South Africa. The regulators have a stated objective of reducing the number of stand-alone employer-sponsored retirement funds by encouraging their closure, with retirement benefits being provided instead by umbrella retirement funds sponsored by financial services institutions.

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/content/monpf/2016/423/EJC186582
2016-04-01
2016-12-05
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