Discovery: Helping to close the retirement savings gap.
The global retirement savings gap is expected to grow to $400 trillion* in 2050, due to three main reasons: people are living longer, saving insufficiently for retirement, and withdrawing from their retirement savings when changing jobs.
Encouraging the right savings behaviours can dramatically reduce the retirement savings gap. That’s why our retirement solutions drive positive savings behaviour by motivating employees to save more, save for longer, and manage their finances. We are then able to reward their behaviour by adding boosts to their savings, helping them to close their retirement savings gap.
Visit discovery.co.za for more information on our retirement solutions.
*World Economic Forum