Most working South Africans are provided by most employers with retirement benefits

Most working South Africans are provided by most employers with retirement benefits, as part of a competitive remunerative package. In recent times employers have largely removed themselves from active participation through participating in umbrella funds. This takes away the responsibility from the employers in the governance arrangements of these funds. Members do not really understand the difference between free standing and umbrella funds. Joining Bryan Hirsch to discuss this in more details is Jason Sharp, CEO, Paramount Life