Savings industry cautions against proposals for social security reform

Any future social security reform programme should build on and not disrupt the existing contractual savings and life insurance arrangements of both public and private sector employees, senior policy adviser of the association representing the savings and retirement funds Stephen Smith stressed on Thursday.

The Association for Savings and Investment SA represents the majority of SA’s asset managers, collective investment scheme management companies, linked-investment service providers, multi-managers and life insurers...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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New govt plan wants South Africans to pay 12% of their earnings into state-managed fund | Fin24The Green Paper on Comprehensive Social Security and Retirement Reform proposes the creation of a new National Social Security Fund - a government-managed fund which will provide retirement, disability benefits and unemployment benefits. | Fin24 Fin24 Please support the 'Stop of farm killings in SA', kindly share this video link with family and friends, thank you! Fin24 Cc MagnusHeystek Magda_Wierzycka Fin24 FFS, what next might as well just give up my job
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