The phased reform of South Africa's retirement sector may have a far-reaching impact on retirees – especially those who have not recently assessed their strategy. While many of the mooted retirement reforms will only be implemented next year, one...
Setting the record straight in terms of how the government's proposed retirement reforms will affect you. Over the last few weeks vested interests have tried to create fear and confusion around the proposed retirement reform. Between unions flexing...
One of the most common questions we receive about retirement annuities is around when one can withdraw funds from them. The bottom line is that you are unable to access the funds until you retire, unless the entire amount saved in your retirement...
Before signing up for a retirement annuity make sure you understand what type of policy you are signing up for and the financial consequences should you not be able to maintain your premiums. When Neil could no longer afford to keep up with his...
by Mike Brown, Managing Director, etfSA.co.za Warren Buffett, the world’s most famous investor, made the following observation in his letter to Berkshire Hathaway shareholders in February this year. In his instruction to the Trustee of the Warren...
Many South Africans will look to invest in a retirement annuity (RA) before the end of February, which represents the close of the country's tax year, in order to take advantage of the tax break. However, according to Steven Nathan, Chief Executive...
Sibusiso wants to know if he can cash in his retirement annuity in order to keep up with his mortgage payments. “I am 32 years old and have been unemployed since March 2012 and living off my provident fund since then. In January 2013 I had to make...
The launch of Itransact, a new index tracking retirement annuity, highlights the growth in passive investing but the costs are still too high. This week Itransact launched the first retirement annuity to invest in exchange traded funds (ETFs)....
