Tag Archivesretirement

Sara Herbert

Steps approved to action retirement fund reform

The next significant step in Government’s reformation of the retirement fund industry was taken last month (25 August 2017) and saw the implementation of the final retirement funds default regulations on 1 September 2017. Existing funds, however, have until 1 March 2019 to comply. (more…)

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arthur-case1

Retirement lifestyle villages ‘increasingly attractive’

“Most older people would prefer to remain in their homes for as long as possible,” says Arthur Case, Chief Executive Officer of one of SA’s largest providers of retirement living – Evergreen Lifestyles. “But what is crucial is to decide early on what that home is. Are we thinking about staying on in our family […]

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retirementplansmall

How South Africans can improve their savings for retirement

Working out how much an average South African needs to retire comfortably is theoretically a simple process: actuaries calculate a figure taking into account the Consumer Price Index (CPI), expected rises in inflation and the cost of living, and the percentage of the salaries that people would need to save in order to offset those […]

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Paul Leonard

Paying the taxman

By Paul Leonard CFP®, Regional Head: E Cape, Citadel. Tax season – the period during which you are required to submit your annual income tax return – started on 1 July and is now in full swing so I thought it would be interesting to look at how long we work for the taxman in […]

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Yvette Harris Principal Consultant at Simeka Consultants and Actuaries1

What power do women have over finances?

On average women tend to outlive men by up to seven to ten years, according to the World Health Organisation (WHO); additionally they have longer breaks away from work due to maternity leave and generally earn 15% to 17% less than their male counterparts. All these factors impact a woman’s ability to save effectively for retirement, […]

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financialadvisertcf

The value of financial advice

A new UK research report has found that those who received financial advice in the 2001-2007 period had accumulated significantly more liquid financial assets and pension wealth than their unadvised equivalent peers by 2012-14. (more…)

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retirementplansmall

Liberty launches Agile 2: Guaranteed returns during economic uncertainty

The significant success of Liberty’s Agile retirement solution, combined with the current market uncertainty has spurred the insurer to introduce a new feature to the retirement solution by launching Agile 2. The enhancements now allow investors to realise more aggressive, guaranteed investment returns. (more…)

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walkingretiredfeat

The challenges of retirement planning for couples with a large age difference

Dual income couples with an age gap face even greater challenges.  This is according to Lisa Griffiths, a wealth adviser at BDO Cape Town, who cautions that couples with an age gap have special needs to consider when planning for their retirement. (more…)

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