Your retirement fund may be failing you because its one-size-fits-all saving formula doesn't cater for your unique financial situation. South Africa's largest retirement fund administrator believes it can fix that by introducing an investment strategy personalised for each member. Alexander Forbes-administered retirement funds will from next month be able to implement Clarity, an investment framework that allows you, as a member, to set your own retirement income goal, with a unique investment portfolio aimed at optimising your chances of achieving that goal. The model moves beyond the life-stage model used by many retirement funds in terms of which your retirement savings are invested in line with the number of years you still have until retirement. The life-stage model reduces your exposure to more volatile investments designed to deliver growth - equities and listed property - in the last five to 10 years of your working life to reduce the possibility of you losing money if the m...

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