yt 4237 South Africans are not saving enough for retirement Survey - South Africans are not saving enough for retirement: Survey

South Africans are not saving enough for retirement: Survey

According to the 2019 Sanlam Benchmark survey, South Africans are not saving adequately towards their retirement. Further to that, South Africa’s Group insurance market has reached a tipping point. For many employers, group risk fees rose by upwards of 50% over the past few years as a result of a deterioration in claims experience across the industry. This has resulted in many South Africans choosing cheaper insurance plans resulting in devastating losses when claims occur due to being under or not adequately insured.
To tell us more, I’m joined from our Sea Point Studio in Cape Town by Viresh Maharaj, Chief Executive of Sanlam Corporate Sales and Marketing …

For more news, visit: sabcnews.com

Original of the video here
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