Retirement / General

Count your winters to, not during, retirement

Winter around the world marks different memories for different people. For us in South Africa, we are blessed with a relatively mild chilly season, but we still relish the opportunity to pull on our puffy jackets and sit by the fireside, perhaps sipping on a great glass of locally grown red wine.

Why cashing in your retirement fund is a no - even in tough times

According to the South African Reserve Bank, Eskom tariff hikes will drive the inflation rate up by a 0.75 percentage point. With living expenses ever-increasing in South Africa, people should avoid the temptation of cashing in their retirement funds when changing jobs or when facing financial difficulties. Doing this could have long-term consequences and negatively impact their ability to retire comfortably with enough capital.

Making Retirement Contributions Meaningful

Loyalty members save more for retirement

Loyalty programme membership is incentivising people to save more towards their retirement, making loyalty schemes a ‘new age’ problem-solver to an age-old problem. This important finding was shared at the 2019 International Actuarial Association (IAA) Colloquium by Nathea Nicolay, Head of Product at Sanlam Reality.