Consumers dip more into retirement savings, says Alexander Forbes
The preservation rate for retirement savings declined to 53% from 55% in the six months to end-September
09 December 2019 - 09:20
UPDATED 09 December 2019 - 14:10
Diversified financial services group Alexander Forbes said on Monday SA’s sluggish economy is impeding its revenue growth, with it clients dipping more into their retirement savings during the six months to end-September.
Savings and retirement markets remain under pressure, the group said on Monday, demonstrated by the preservation rate for retirement savings declining from 55% to 53% during the period...
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