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Lockdown looms for SA expat pensions

28 October 2020

South Africans who have recently financially emigrated, but still have retirement and pension funds in South Africa, have until 1 March 2021 to transfer out their funds, or face the prospect of having them effectively locked for three years.

Investing post-retirement – not an ‘either-or’ proposition

28 October 2020

We all tend to live in an ‘either-or’ world where we think we need to choose between two, often opposing, things or outcomes. Peanut butter or marmite? Red or white wine? For simple things, this way of making decisions can work. But for more complex issues such as investing your retirement savings, the either-or equation is too simplistic.

What to do with your 1/3 lump-sum retirement annuity payment

27 October 2020

When you retire and your RA (Retirement Annuity) matures, you can withdraw a maximum of 1/3 of it as a lump sum. Werner Vlok, Business Development Manager at Glacier by Sanlam, discusses the options you have with this lump-sum amount to secure your finances into retirement.

Is Regulation 28 due a major overhaul?

26 October 2020

The ongoing trend of companies delisting from the JSE could force National Treasury to make amendments to Regulation 28, whether they wish to or not. Regulation 28 was introduced under the Pension Funds Act to prevent asset managers from taking excessive risk with South Africa’s retirement savings. The regulation, last amended in 2011, limits the maximum capital allocations that retirement savers can make to various asset classes such as bonds, equities and real estate, with additional sub limits for alternative investments and the percentage of a portfolio that may be held offshore, among others.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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