Beware fake news and your retirement
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The fourth estate is in the news, and when you report on the events of the day, that’s never a good thing.
The media’s reputation has taken a battering over the last few years. It’s not a local issue solely either with the rise of fake news, trimming of newsroom budgets and the need and desire to be first without thoroughly fact checking and also the rise of digital media giving platforms to op eds without doing the basics of editing, it’s a difficult time for the fourth estate.
Likewise, in South Africa, if it wasn’t for the investigative media who knows where we would be right now a country, the state capture faction in charge most likely of a rapidly failing state.
However, it is not only false information that is dangerous. The most damage is caused when information is used out of context and inflated to promote a specific agenda. In the world of investment this easily leads people to make wrong decisions.
One often think of certain well known financial market commentators who demonise SA to build their offshore books.
Michael Avery talks to Ronald King, Head: Public Policy & Regulatory Affairs, PSG Konsult, about why, when it comes to retirement, the old adage of “any news is good news” doesn’t apply.
The media’s reputation has taken a battering over the last few years. It’s not a local issue solely either with the rise of fake news, trimming of newsroom budgets and the need and desire to be first without thoroughly fact checking and also the rise of digital media giving platforms to op eds without doing the basics of editing, it’s a difficult time for the fourth estate.
Likewise, in South Africa, if it wasn’t for the investigative media who knows where we would be right now a country, the state capture faction in charge most likely of a rapidly failing state.
However, it is not only false information that is dangerous. The most damage is caused when information is used out of context and inflated to promote a specific agenda. In the world of investment this easily leads people to make wrong decisions.
One often think of certain well known financial market commentators who demonise SA to build their offshore books.
Michael Avery talks to Ronald King, Head: Public Policy & Regulatory Affairs, PSG Konsult, about why, when it comes to retirement, the old adage of “any news is good news” doesn’t apply.