SOUTH AFRICA - Some 46% of South African organisations questioned in a recent survey have no official Aids policy, even though Aids is widely expected to have a serious impact on pensions. The Sanlam Employee Benefits 11th Biennial Survey of Retirement Benefits in South Africa questioned just under 200 pension funds in the Republic, both DB, DC and umbrella funds, (which are similar to stakeholder pensions in the UK).
Though only two respondents reported their business had so far been affected to a large extent by Aids, 11% expected to be so in the future, with 33% expecting the effect to be fairly limited. T...
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