Tag Archivesretirement

Retirement savings

Lowering charges and improving market conduct for retirement funds

In line with the 2016 MTBPS announcement, National Treasury has published a second draft of the retirement funds default regulations, made in terms of section 36 of the Pension Funds Act (No. 24 of 1956), for further and final public comment. (more…)

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retirementplansmall

How much do you really need to retire?

When you’re young and carefree, it’s easy to forget that you will age, and your retirement lifestyle will depend on how much money you have saved while you had the opportunity to do so. (more…)

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Sonja Kellen, Director of Global Retirement Benefits at Microsoft in the US

Innovative solutions for a modern pension plan: How Microsoft does it

In many ways, the US shares similar issues to those of South Africa, and a low personal savings rate is one of them. Addressing the issue at the Sanlam Investments Institutional Insights conference in Johannesburg this month, was Sonja Kellen, a leader in Microsoft’s drive to boost the number of contributors to the company’s pension […]

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retirementplansmall

FSB commends retirement fund trustees

The Financial Services Board (FSB) has commended the efforts of the South African Retirement Funds Industry in ensuring that fund trustees are better equipped to discharge their responsibilities. (more…)

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simplepensionf

Is your pension fund talking to you?

A research study commissioned earlier this year by the Institute of Retirement Funds Africa (IRFA), has yielded important findings in terms of the retirement industry’s rating of itself in terms of Pension and Provident Fund governance and stakeholder engagement. The study has also assisted in defining perceived best practices in the industry in terms of […]

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Kobus Hanekom

Pension fund auto-enrolment: how will it affect us in South Africa?

In his 2016 budget speech, the Minister of Finance said that despite the postponement of annuitisation for provident funds, government remains committed to its retirement reform objectives as announced in the 2014 Budget update on retirement reforms. Kobus Hanekom, Head: Strategy, Governance and Compliance at Simeka Consultants (Sanlam’s Consulting And Actuarial Services division), talks about […]

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Sanlam Umbrella Fund introduces the My Retirement Member App

‘My Retirement Member App’ launched

In a bid to ensure better retirement outcomes for its fund members, the Sanlam Umbrella Fund has launched a member app. The first major commercial umbrella fund to create such functionality, Sanlam’s ‘My Retirement Member App’ will go a long way towards helping its members be more hands-on with their retirement savings, says Irlon Terblanche, […]

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john taylor liberty 2

Brexit: when market conditions get fearful, it is time to consider the market

The past few days have been some of the most volatile in the global economy since the 2008 global financial markets crisis, says John Taylor – Marketing Actuary, Liberty Corporate. (more…)

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