simekaconsult

Unpacking Regulation 39 - Annuitisation strategy

Regulation 39 compels all retirement funds to provide members with an annuity (pension) strategy with various annuity options, either in-fund or out-of-fund. This strategy can take the form of a guaranteed (life) and/or a living annuity or a combination of both.

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Unpacking Default Regulation 38 - Default Preservation strategy

All retirement funds will, from 1 March 2019, need to allow for all members who withdraw from the fund (i.e. resign, are dismissed or get retrenched) to leave their retirement benefit in the fund. Such a member will become a paid-up member.

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Unpacking Default Regulation 37 - Default Investment Portfolio(s)

The default regulations, more specifically Regulation 37, require retirement funds to establish a default investment portfolio that is appropriate for the members of the fund.

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Saving some extra rands can make a lot of sense

By Zaakir Enoos, Consultant

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Saving extra rands can make a lot of sense

We have all heard the age-old “saving for a rainy day”. But what is a rainy day, which options are available to you, and how do you know which one to choose?

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Time to manage risk and think long-term

Retirement Fund investment returns have been disappointing over the last few years. This has left many of us feeling concerned as we saw the values of our retirement portfolios increase very little, or even decreasing during some periods. The question we need to address is: “What should I do in the current environment?”

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Millennials and the digital revolution

Millennials have been a focus point of many large organisations in the recent and not so recent past. Research has been extensive and at the same time narrow with regard to the findings in respect of these much-maligned creatures that workplaces find seemingly impossible to manage successfully.

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What to do when your retirement target seems impossible to achieve

So, you have had your first retirement planning session, or have finally considered it time to start a retirement plan. However, you have just realised (or worse, been told) that your lifestyle at retirement is going to need to change drastically, as your current way of living is not sustainable in retirement, given the time you have until then, and the amount of money still needed to be saved.

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How will the 2018 budget speech affect your budget?

We take a look at examples ranging from how the increase in Value Added Tax (VAT) will affect a basket of groceries to the relief on medical aid premiums.

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2018 Budget Review highlights

 

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