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The other side of the retirement challenge myth

26 May 2016

In recent times, we have all heard of the myth that the reason for South Africa’s overall poor retirement rate (defined as the number of people who can retire with a comfortable nest egg) is the result of a poor savings rate within the country. While this may be a contributing factor, I feel that there is much more to this challenge than this phenomenon.

The journey towards retirement

11 May 2016

How are we approaching retirement? How are we ensuring that our clients are working towards a comfortable retirement? The industry is beset with challenges and an increasing number of people simply cannot say that they are on track to achieve this objective.

Sanlam Umbrella Fund launches ground-breaking retirement planning service

10 May 2016

In a renewed drive to improve retirement outcomes for members, the Sanlam Umbrella Fund (SUF) has launched a ground-breaking new online and telephonic retirement planning service for fund members. A first in the retirement fund industry, the ‘Retire-mate’ service features an online self-help capability packed with information for every step of the retirement savings journey, backed by telephonic support from a retirement benefit counsellor.

5 reasons to use a retirement fund to boost savings

04 May 2016

While the hype surrounding the tax laws changes implemented on 1 March 2016 may have subsided, the fact remains there are now measures in place to assist and encourage individuals to save more for retirement. According to Romeo Msipha, Senior Consultant of Old Mutual Corporate Consultants, retirement fund members need to take responsibility and educate themselves about these new laws in order to maximise retirement savings.

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

View the Results