Archives for SA Actuarial Journal and Articles

SA Journal 2016: 2016-SAAJ-VanZyl

Abstract: The significant shift from defined benefit to defined contribution retirement funds in South Africa has led to many fund members bearing responsibility for a range of risks. Many of these risks, such as those related to investment, longevity and cognitive deterioration are unavoidable. Another category of risk is that related to the choices made by government, employers, trustees, advisors and/or individuals at either national, scheme or individual level. These choices may also pose a threat to a member’s financial wellbeing in retirement. Behavioural economics and finance helps to explain the choices made by these stakeholders in the retirement industry. The authors explain this concept
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Categories: Articles, Journals, Retirement Matters, SA Actuarial Journal, SA Actuarial Journal and Articles, and Society magazines / Journals and Newsletters.