Tag Archivesretirement

Living annuity drawdown rate remains stable at 6.6%

Living annuity policyholders managed to keep the average drawdown rate practically unchanged at around 6.6% for two years running, despite a steep rise in the cost of living in South Africa over this time. The 2017 Living Annuities Survey compiled by the Association for Savings and Investment South Africa (ASISA) shows that living annuity policyholders […]

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Worried about retirement? Keep these 5 important habits in mind

Amidst all the uncertainty created by trade wars, Brexit negotiations, noise around possible land claims and the fallout from President Trump’s recent Twitter outburst – planning for a comfortable retirement can be scary for investors. However, making impulsive investment decisions based on these current events could have a negative effect on retirement savings. (more…)

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How the Fourth Industrial Revolution can make yours a happier family

Retirement is the most certain risk we face – and most people find it hard to mitigate. The Fourth Industrial Revolution has some solutions, beginning with helping you to understand your retirement status, says Alex Cook, CEO, GCI Wealth. (more…)

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Why women need to save more for retirement than men do

By Fran Troskie, Investment Research Analyst, RisCura. Women, on average, live five years longer than men. This means their retirement savings need to last them – on average – five years longer. It’s an important message that doesn’t seem to have hit home yet: women need to save more for retirement than men do. And, […]

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Katherine Barker, Head of Momentum FundsAtWork

Women need to plan better for their financial future

Busy South African women juggling a myriad of responsibilities often fail to prioritise planning for their financial future. Katherine Barker, Head of Momentum FundsAtWork, says women face different financial risks to men and need to take ownership of their financial future. The right umbrella fund offers female members the flexibility they need to address their […]

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psg grpah

The upside of downside protection

By Marcel Roos, fund analyst at PSG Wealth. (more…)

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Improve retirement outcomes with high impact benefit counselling

Benefit counselling can be instrumental in improving retirement outcomes by creating a better understanding of benefits and driving more informed decision-making. However, Katherine Barker, Head of Momentum FundsAtWork, believes that to achieve this, it’s key to look beyond legal compliance to the new Retirement Funds Default Regulations and focus on delivering benefit counselling that has […]

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Seven financial must-haves for women in retirement

Recent Statistics South Africa figures reveal that, on average, women outlive men by nearly a decade or 9.3 years. And this means that it is absolutely vital for women, if they haven’t already, to take an active role in managing their finances rather than relying on a spouse or partner, because they will need the […]

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