The default pension fund regulations could persuade many employer-sponsored funds to move their employees to an umbrella fund.
Finance Minister Malusi Gigaba’s maiden budget speech was keenly anticipated by South Africans wanting clarity on how he proposes to plug the gaping budget deficit. In his own words “This is a tough, but hopeful budget”.
Sanlam’s Employee Benefits has partnered with 27four Investment Managers to launch South Africa’s first, black managed, smoothed bonus product.
South African employers are wasting a staggering 35% of their payroll bill due to staff productivity being impaired by medical and financial problems.
Pensions and politics are in an uneasy mix the world over, Kobus Hanekom has found.
95% of people employed in South Africa is retiring on less than 40% of their final salary. Digital can make financial planning easier than ever before.