To withdraw or not to withdraw?
August 17, 2021
By Lelane Bezuidenhout, CFP®, CEO of FPI FPI Response to National Treasury’s Media Statement: Process and Approach to Preservation and access to Retirement Savings National Treasury has mentioned the possibility of amending the law to allow limited pre-retirement…
Recreate Your Future, Rethink Retirement
August 13, 2021
Increased global longevity is giving us all more years of active health and possibly a longer retirement. According to the World Health Organisation (WHO), global life expectancy at birth has risen by six years. In…
National Treasury proposes two-bucket system
August 13, 2021
Alexander Forbes National Treasury released a media statement on 11 August, noting that government and other stakeholders are exploring a ‘two-bucket’ system to address retirement fund members’ conflicting needs for longer-term financial security and short-term…
National Treasury In response to the many media queries, National Treasury wishes to provide more details on the approach and planned timelines concerning the proposal to allow for greater preservation with limited pre-retirement withdrawals from…
Just SA It is common for more specific, short-term savings goals such as holidays, houses or hobbies to take priority over distant, less-defined retirement objectives. Many younger South African earners may even feel that they…
Retirement planning is not a once-off event
July 1, 2021
Jaco Prinsloo, Wealth Manager at PPS Wealth Advisory As a wealth manager, I have observed that there are two typical clients. Some dread retirement, while others look forward to it. Those who dread it are…
South Africa’s retirement outcomes will improve radically if all retirement funding contributions are kept invested when fund members change jobs. Other quick wins include increasing the minimum government pension; delaying the government retirement age beyond…
Just SA Most conventional life annuities are priced against just two factors that influence longevity – age and sex. Yet there is a host of other factors that should be considered in arriving at a…
