Tag: retirement

This book will assist people who will soon retire, or who have already retired, to understand how tax works in relation to their retirement so that retirees can make informed, tax-efficient decisions regarding their retirement savings.

Today is Heritage Day, and for many South Africans, this is an appropriate time to reflect on the assets that they’ve built up over years, and possibly generations. In these uncertain times, it’s important to re-evaluate the value of your assets, and to determine how best to leave a legacy.

Changes to retirement benefits for provident fund members, initially meant to come in five years ago and now scheduled for next March, will see tax uniformity for all who contribute towards retirement. These changes, in terms of the Taxation Laws Amendment Act, will also encourage greater savings, something South Africa desperately needs as it seeks to crawl its way out of an economic hole.

An interview with Dave Crawford, Proprietor, Planning Retirement, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing how important it is for employers to provide education and training to inform employees about the issues that will face them when they retire.

Employers spend a lot of money providing retirement and other benefits to employees, and yes, it is a cost of doing business. Medical schemes are well known and well appreciated, yet retirement funds are valued less by employees due to a lack of understanding.

Travel bans, lockdown, working from home and avoiding public spaces have suddenly become the new normal, and you may be feeling unsettled and anxious as the coronavirus crisis wreaks havoc on our everyday activities and routines.

It seems to be standard practice that every year, financially savvy investment guru’s give us their take on what they think the investment landscape for the year will yield.

With all the uncertainty in the South African market and concerns about future investment returns, many investors are looking offshore for investment opportunities. A diversified investment portfolio is always a good strategy when saving for retirement but before you set off looking for greener pastures in offshore markets, take note of Regulation 28 and its integration in retirement annuity funds.

The temptation to retire early and adopt a life of leisure can be particularly seductive as you enter your fifties and sixties, especially after many years spent with your nose to the grindstone. But can you afford it?

Talking about finances at work can seem like a taboo subject, especially given that conversations about salaries, bonuses or saving for retirement usually take place behind closed doors. If you are a member of a group savings scheme through your employer, such as a pension, provident or umbrella fund, you may have burning questions about how this will impact your retirement.