Tag - FSB

How to halve retirement costs

By restructuring the way we save for retirement we could halve the cost of retirement savings vehicles. The current model of annual fees and a lack of preservation is unnecessarily driving up retirement costs according to Anton Gildenhuys, head of Sanlam Personal Finance Actuarial. National Treasury has produced statistics that show that South...

How do you know it is a ponzi scheme?

PODCAST The recent Western Cape Relative Value Arbitrage Fund (RAVF) scandal that led to suicide shooting of Julian Williams by his associate, Herman Pretorius, is estimated to have lost investors around R1.8 billion. While investors, and financial advisers who recommended the fund, throw up their hands and say “how could we have known”, the...

Hedge Funds 101

To some people hedge funds are unfathomable investments which grab international headlines when risky bets result in a sticky end. In South Africa however hedge funds and hedging strategies are mostly used to protect investors’ capital. We look how hedge funds and unit trusts with defensive strategies are used to ride out the volatile markets. A...

Reforming retirement

The discussion document issued by National Treasury on Strengthening Retirement Savings demonstrates that Treasury has a good handle on the issues within the retirement industry, however the challenge will be in finding solutions that are not watered down in order to please major interest groups and which require serious “out-of-the box” thinking...