Employers spend a lot of money providing retirement and other benefits to employees, and yes, it is a cost of doing business. Medical schemes are well known and well appreciated, yet retirement funds are valued less by employees due to a lack of understanding.
This issue of retirement funds not being well understood is borne out by a statistic that appears in the latest Alexander Forbes ‘Member Watch’. Their survey revealed that only 6 percent of retirement fund members will be able to retire with financial independence – that’s an alarming statistic.
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PODCAST
An interview with Dave Crawford, Proprietor, Planning Retirement, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing how important it is for employers to provide education and training to inform employees about the issues that will face them when they retire.
Dave Crawford | Proprietor | Planning Retirement | mail me |