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.
Patience is a virtue for retirees in living annuities.
Statistically, one in four South Africans will be affected by cancer or will have someone close to them diagnosed.
Regulators could require private section pension funds to invest a minimum portion of their assets in certain projects in future.
The new fees will allow room for the adviser to provide appropriate advice to members and still receive a fair remuneration for services rendered.
We release the November 2017 version of The Fund in Detail for the attention of consultants and participating employers.