An increasing number of employers are offering their employees so-called group retirement annuities (RAs) instead of occupational retirement funds and umbrella funds. But there are concerns that group RAs may undermine one of the key principles of the retirement-funding system and that they are not necessarily beneficial for for all members. Personal Finance looks at the arguments for and against group RAs.
Also in this weekend’s edition:
* What the High Court judgment on emolument attachment orders means for consumers.
* The longer you delay retirement, the better.
* Protect yourself from fraudulent tax practitioners.
Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.