Explore the Category
Divorce can significantly affect financial planning, especially concerning occupational retirement fund savings. For advisers, understanding the implications of the Pension Funds Act, the Divorce Act, and matrimonial property regimes is crucial in guiding clients through this complex process.
John Lennon famously said, “Life is what happens to you while you’re busy making other plans.” To ensure you do not run into trouble when life gives you financial lemons, it’s good practice to start putting money aside in an emergency fund.
As life expectancy rises and quality of life improves, South Africans are facing the pressing need to ensure financial security post-retirement.
The days when someone stayed at the same company for their whole career, while not entirely gone, are extremely rare.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?