Pension fund trustees have a hard time trying to work out how to share retirement fund benefits among family when a member dies.
Preserving your funds when changing employers should be at the top of your list of retirement do's.
The biggest problem employee face is debt and this should be addressed by debt counselling and financial literacy.
Research shows that South African are not prepared for the financial consequences of retirement
The increase in longevity is perhaps the biggest threat to active retirement fund members.
We update clients on progress within Sanlam Employee Benefits towards implementing the default regulations requirements.