
Retirement annuities and savings during the pandemic, are you cashing in?
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The coronavirus pandemic has caused widespread losses across global financial markets and many investors around the world are concerned about the impact on their retirement savings. The ensuing market volatility and a Moody’s downgrade has forced some into early retirement and it has also led others to consider it more strongly as an option. Siphosihle Mbuli speaks to Shameer Chothia - Financial Advisor at Momentum. Refilwe Given lost her job and and could not keep up with the monthly contributions towards her retirement annuity, saving schemes and life insurance, She shares with us are affected