Retirement Enablers

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.

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.

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.

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?

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?”

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.

2018 Budget Review highlights

DO YOU HAVE A WILL?

A will is the last gift that you leave to your family and loved ones. We look at how a will, intestate succession and your beneficiary nomination form intersect.

Its women's month - We are taking a closer look at why women need to save more for retirement

Too often women find themselves in financial hardship as a result of lack of savings, and often don’t think about the possibility of themselves ending up single in the future or due to unforeseen circumstances.

The real cost of buying that dream car on credit

Millennials Tom and Jack, who earn much the same salary, can afford to finance a car that costs R500 000. Tom, buys his dream car on credit but Jack, takes another route ….