In the weeks prior to the Medium-Term Budget Policy Statement, South Africans await more clarity from National Treasury on their proposal for limited pre-retirement withdrawals and the logistics required to make this happen. Citadel Advisory Partner, Paul Leonard, shares more about this with Benito Vergotino on SmileFM. He explains that the proposal speaks directly to the notion of “libertarian paternalism” where rules have been established to nudge people towards making decisions that are in their best interest while still giving them alternatives.
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