22 Jun 2021
Sanlam Benchmark Survey shows impact of COVID-19 on retirement
By Staff Writer
Sanlam today released the results of its 40th Benchmark Survey. The research showed the deep impact that COVID-19 had on the retirement industry, with 27% of stand-alone retirement funds and 41% of umbrella funds’ employers having suspended retirement fund contributions last year. This resulted in an average suspension across all fund types of 4.5 months.
