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Living annuities have become the pension-funding vehicle of choice for most retirees who have to invest their savings on retirement. But two pieces of research paint a very gloomy picture of the prospects for most people who depend on living annuities for an income. Personal Finance publishes some of the key findings of the research and explains what you can do to ensure that your living annuity lasts the distance.
Also in our weekend print edition:
* Health insurance regulations “will deny thousands access to private health care”
* Conditions under which retirement funds will be allowed to invest in hedge funds
Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.