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Repeated withdrawals from the two-pot savings component could significantly reduce retirement income. One projection estimates that an employee earning R30,000 a month could retire with about R1.01 million less after withdrawing the full allocation annually for 30 years
We haven't written up this one. IOL has the full story — the link below goes straight to it.
Dubai provides the strongest operational fit for many Gulf-based investors
A Seoul office worker surnamed Park has been setting aside 1 million won ($744) from her monthly paycheck for retirement since early this year, after friends and colleagues encouraged her to start…
Key PointsInvestors are increasingly seeking stable income amid geopolitical and economic uncertainty.
“Local currency settlement is a practical mechanism to reduce transaction costs, to bring bilateral trade,” he said. The post BRICS countries to trade in local currencies appeared first on Premium…
Government bond yields are only back to normality - and they may go much higher. That's bad news when the UK spends £110bn on debt interest a year.
Yen has surged in September on expectations for an accelerated schedule of rate hikes by the BOJ
