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Retirement Reform – Why you should not be afraid

06 November 2014

A great deal of controversy has surrounded the Government’s proposed legislative changes to current Retirement Funds in 2015. Already a number of employees have taken extreme measures and have resigned from their employment in order to cash in their Provident Fund savings. These actions were taken under the mistaken belief that the Government would not allow members access to their benefits, once the law was implemented.

Alexander Forbes retirement savings tool

05 November 2014

The Retirement Savings Tool is available on the Apple App Store and the Android Market.

Myth busting the bad retirement behaviours clients can make

28 October 2014

Many articles have been written on the poor state of the retirement industry in South Africa. Very few people have a savings culture, very few people have a basic idea on how the financial services industry works, and even fewer people have access to professional advice.

The impact of the delayed retirement reforms

28 October 2014

The retirement reforms, which were set to take effect on 1 March 2015, have been delayed by National Treasury for a possible year or two. According to Treasury, this comes after the labour constituency at NEDLAC requested that the implementation of these laws - enacted last year - be postponed until further consultations between Government and NEDLAC on social security reform have taken place.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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