A provident fund allows you to take the full lump sum at retirement - you are not forced to purchase an annuity. But should you?
Tag - provident fund
Expected changes to the income tax laws in March 2019 will allow people who emigrate before they reach retirement date more flexibility to withdraw their retirement funds when they leave the country
While retirement vehicles share some characteristics, there are some key differences so it's important to understand exactly how your retirement fund works.
National Treasury has confirmed that the long-awaited retirement reform will go ahead on 1 March 2016. What does this mean for you?
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 of the first changes, effective as of March, disallows lump-sum withdrawals from provident...
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 their political muscle and alternative investment products trying to convince people not to...