Tag: retirement

Our financial decisions are consequential, it makes sense to have a trusted expert in our corner. However, it’s important to understand how your financial advisor earns their money and ensure their incentives are aligned with yours. Having a discussion around fees can ensure they are actually working for you, and not just selling financial products.

Revisions to the draft legislation on the “two-pot” system for retirement funds were published on 9 June 2023, incorporating proposals mentioned in Chapter 4 of the 2023 Budget Review.

The new, updated edition of this bestselling investment book will show readers that financial freedom is possible for everyone. It has been updated to include the current hot topics of investing offshore and online, while setting out distinct guidelines on how to do both carefully and prudently.

There comes a time in every successful entrepreneur’s life when he or she has to consider how best to transition to the preservation of the wealth they’ve built, not only for their own enjoyment, but also for the sake of the legacy they want to leave behind.

Despite South Africa’s political turmoil and energy crisis, there is still significant interest from international property buyers who are drawn by the country’s inimitable lifestyle and the fact that that they can get considerably more bang for their buck here than in comparable areas abroad.

As the world shifts into a post-pandemic reality, companies are having to contend with immense changes that are redefining relationships with employees. 

A need for flexibility at work, employee benefits, the effects of the great resignation on organisations, the increased role of technology and a shift to a gig economy are some of the trends that were discussed at our Corporate’s Partnership Connect 2022 event in Rosebank.

There is so much uncertainty in the world today – from the two-year-long fight against the pandemic and consumers’ battle against war-induced fuel hikes, to investors trying to interpret global recession concerns or South Africans’ struggle with Eskom.

The new two-pot system will provide short relief for SA retirement fund members, but the trade-off will include  increased complexity and possibly increased administrative costs, notes Blessing Utete, Managing Executive: Old Mutual Corporate Consultants.

Current market conditions allow pensioners to secure 30% higher income that is guaranteed for life, than they could at the start of this decade. This is a window of opportunity for pensioners to lock in certainty of income for life, against an increasingly uncertain and volatile future.