Steinhoff saga illustrates the value of the Sanlam Umbrella Fund’s well diversified retirement strategies
On Wednesday, 6 December 2017, Mr Markus Jooste resigned as CEO of Steinhoff International after Steinhoff’s auditors declined to sign off on its financial statements.
The risk of not taking enough risk in retirement
Patience is a virtue for retirees in living annuities.
Make sure your employees are covered against critical illness
Statistically, one in four South Africans will be affected by cancer or will have someone close to them diagnosed.
Pension funds may be forced into scenarios
Regulators could require private section pension funds to invest a minimum portion of their assets in certain projects in future.
Increased advice fees to advisers for in-fund options
The new fees will allow room for the adviser to provide appropriate advice to members and still receive a fair remuneration for services rendered.
Updated version of The Fund in Detail
We release the November 2017 version of The Fund in Detail for the attention of consultants and participating employers.