ALLAN GREENBLO: Should some pension money be released sooner for urgent help?
Ways are being considered of making earlier withdrawals possible without hugely depleting the amount people will get when they retire
19 October 2020 - 10:00
For many people in this Covid-afflicted environment, retirement funds have come to serve as the provider of last resort. This was never their purpose.
But when people lose their source of income and so cannot put food on the table at age 45, they can hardly be told to wait for retirement at age 65 before they can have access to their accumulated savings. More often than not their sole savings vehicle is the retirement funds they have been obligated by employers to join...
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