Industry Updates
Rushing to resign
Pension and provident fund insurance outfits say they will know only next month if they will have to pay out large sums to members… Read more as published in Saturday Star on 23 January 2016
Retirement SAVINGS cost
The Association for Savings & Investment South Africa’s (ASISA) decision to implement an industry-agreed standard method for comparing charges on individual investment savings products is to be welcomed, says...
No even spread of costs
It was said back in 2009 that commercial umbrella funds needed to grow to the magic number of 1.6m members. At this level they would be able to spread their fixed costs and investment infrastructure, and charges should...
Sanlam Umbrella Fund introduces ground-breaking new benefit option
Cape Town: The Sanlam Umbrella Fund
10 things you should know about group RAs versus umbrella funds
An increasing number of small- to medium-sized employers are offering their employees what are known as “group” retirement annuity (RA) products in preference to membership of an umbrella fund. Read the...
Understanding the differences between saving and investing
Why South Africans should do more than just save their money. With one of the lowest savings rates in the world according to the South African Reserve Bank, a greater focus has been placed on encouraging ordinary...