Should pension funds be used to bail out the State? Or is the government stealing your money?
The South African government intends to amend Retirement Fund regulations, which many argue will ultimately give the go-ahead for government to use pension funds as a resource to bail out struggling State Owned Enterprises. In a country where less than 10% of the population can afford to retire comfortably, we need to question the feasibility of the proposal, and whether pension fund members are fully aware of how this will impact their future. #BDDialogues_ASI
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