Low inflation and sustained macroeconomic stability are of course important for the enhancement of this. 

This is even more so for most of the members for whom it is the only source of retirement income. Accordingly, pensions policy should be mostly focused on that.

For comparative purposes, South Africa, with US$400 billion in GDP, is ranked number 75. Nigeria, the African economic powerhouse, is on number 50, with about US$600 billion in GDP.

Caution is though called for, lest old products are simply recycled, repackaged, and re-introduced to the consumers under a different,

With the introduction of the new Act for the industry, trustees have been given an opportunity to re-engage with their fund rules again.

Individuals too encounter, at the point of choosing the appropriate retirement product, regret risk.