Retirement

Preventing financial disaster in retirement – 8 pitfalls to avoid

After a lifetime of building up to the pinnacle of your wealth creation efforts – being the day you retire – you have to follow only one rule: avoid disasters that will cause the permanent loss of capital.

Emigrating? NT confirms 3 years wait to access preservation and RA lump sums

National Treasury proposes to introduce a 3-year rule to replace the financial emigration trigger which allows individuals to withdraw all amounts in their preservation funds and retirement annuity funds before retirement.

Medium-Term Budget Policy Statement (MTBPS) commentary

Lockdown looms for SA expat pensions

South Africans who have recently financially emigrated, but still have retirement and pension funds in South Africa, have until 1 March 2021 to transfer out their funds, or face the prospect of having them effectively locked for three years.