The advice, according to the underwriters, was a sure way to live with steady income during retirement days, adding that workers must take it as priority as they get older.
An industry expert, Olusola Ilori, who presented a paper at the workshop, on the “significance and necessity of building economic back up”, maintained that retirees were ill-equipped to invest their lump sum themselves and also to choose the better financial advisers that could lead them well in their decision making.
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