Diversified financial services group Metropolitan has welcomed the proposed compulsory state pension plan for South Africans, but has cautioned that implementation might have to be delayed beyond 2010. Metropolitan group chief executive Peter Doyle said that given the far-reaching transition implications for the government and the industry, "we believe that execution might have to be delayed beyond 2010, the deadline as initially indicated," he said. - I-Net Bridge
Diversified financial services group Metropolitan has welcomed the proposed compulsory state pension plan for South Africans, but has cautioned that implementation might have to be delayed beyond 2010. Metropolitan group chief executive Peter Doyle said that given the far-reaching transition implications for the government and the industry, "we believe that execution might have to be delayed beyond 2010, the deadline as initially indicated," he said. - I-Net Bridge