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A study by the American Psychological Association (APA) reveals that those who postpone retirement enjoy better physical and mental health than those who don’t.
As well all know, there must be an order against a fund before any portion of the member’s pension interest can be paid out to the non-member spouse. This week we look at why it’s not necessary to cite the fund in question as a party to the divorce proceedings.
Shaun Ruiters of Sanlam Investments offers some insights coming out of the recent FPI Retirement and Investment Convention on how to maximise tax benefits in retirement. Medical aid contributions, RA contributions, age related and other general rebates, capital gains exemption and donations are some of the easiest ways to save money through tax exemptions.
The “clean-break” principle relating to members and their spouses was introduced into the Government Employees Pension Law to bring it in line with global best practices and to provide a more equitable solution in cases of divorce.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?