Illustration: Colin Daniel

South Africa has some of the most expensive retirement savings products in the world. This was revealed by the National Treasury when it released more details of its plans to reduce costs in the financial services sector and encourage you to save more. Personal Finance details the government’s plans on how it intends making you the main beneficiary of your retirement savings – not the product providers and asset managers.

Also in our weekend print edition:

* Government’s concerns about investment-linked pensions.

* Questions to ask a debt counsellor before committing to one.

Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.