Retirement / General

GIB Investment Summit discusses the future of investing under Regulation 28

An investment summit hosted by GIB Financial Services was packed with insights from a panel of leading investment professionals to discuss the revised Regulation 28 and opportunities it presents to the retirement fund sector, as well as their funds and views.

No easy fix for SA’s retirement dilemma

Those hoping that South African savers would get their collective acts together and begin putting more away for retirement will find the 2022 South African Retirement Reality Report (RRR 2022) a hard pill to swallow. The fourth iteration of the annual report, compiled by 10x Investments, suggests that “the [retirement] outlook is worsening against most measures, as savers focus their attention on overcoming more immediate financial pressures”. What this means is that households are turning a blind eye to tomorrow’s retirement challenges in favour of balancing their budgets, today.

Regulation 28 to propel both investment returns and positive impact in SA

Some musings on international retirement plans

There are a growing number of high net worth (HNW) South Africans that hold dual citizenships and can choose from more than one country to retire in. This reality is a real challenge to locally based financial advisers who are not always up to speed on the myriad financial, regulatory and tax considerations that go hand-in-hand with an international retirement plan. David Noon, commercial director for South Africa at Capital International Group, used the 2022 Sovereign Wealth International Retirement Seminar to share some of his views on the subject, in a presentation titled ‘Navigating the windy road to [an international] retirement’.