by Nic | Feb 21, 2025 | Uncategorised, News
The government may now allow access to the savings pot in another major overhaul of South Africa’s retirement system. Amid surging savings withdrawals, critics warn it could jeopardise retirement security. By Rob Rose Hidden away on page 166 of the budget review, deep...
by Riana | Oct 19, 2024 | Uncategorised, News
By Rob Rose The buck stops with pension fund trustees when pension contributions vanish. That was the stern warning from Pension Fund Adjudicator Muvhango Lukhaimane at the Institute of Retirement Funds Africa conference in Cape Town earlier this month, in which she...
by Riana | Oct 19, 2024 | Uncategorised, News
By Vernon Wessels The two-pot system has now been in operation for more than a month – but the hard work has only just begun. While much of the focus has been on the administration and withdrawal processes, the next challenge for trustees is to decide on the...
by Riana | Aug 21, 2024 | News, Uncategorised
By Vernon Wessels South Africa’s R7.8-trillion investment and pension industry must contribute more to the country’s development – and drop the idea that they’ll forego higher returns – or face the risk of being compelled to do so. The African National Congress (ANC)...
by Riana | Aug 21, 2024 | News, Uncategorised
By Rob Rose “We’re two weeks away from the biggest change in our pension system, so there are not a lot of people in the industry who’re sleeping soundly at the moment,” Michelle Acton, retirement reform executive at Old Mutual, tells Today’s Trustee. From September,...
by Riana | Jul 22, 2024 | News, Uncategorised
By Vernon Wessels For many, retirement planning goes beyond numbers; it’s a deeply emotional issue where immediate needs or desires often take precedence over future security. While many recognise the importance of saving for when they’re older, the high cost of...
