Search for your Fund Name - Eg: "Motor Industry Pension Fund" and the Fund administrators page with contact info will be in the search results
recent posts

Have something to retire to!

So many people retire a long time before they have imparted that wealth of knowledge on to someone who can really benefit from that knowledge and as part of your retirement plan, you should consider mentoring or helping someone who is driven and you can assist to get a head start. The result will be...

How is a pension or retirement benefit split in a divorce?...

The maintenance act in South Africa makes allowance for a retirement benefit to be split in a divorce. There are only 3 Acts which make it possible for a court to rule on the division of a pension benefit, the Maintenance Act, the income tax act and pension funds act, any claims that fall outside...

Can I borrow money from my pension fund?...

We are often asked if a fund member can borrow from the fund that they contribute to or use the fund as security against a loan from a financial institution. You cannot use your fund as security under any circumstances. This is specifically laid out in the Pension Funds Act. If your fund rules permit...

Alternative Energy and Solar Products available...

As the energy crisis deepens in South Africa, both business and consumers are seeking alternative energy solutions. These energy solutions are taking the form of Solar, Natural or LP gas, Wind and many other innovative energy generation and storage systems that entrepreneurs around the World are coming up...

Tax Free Savings in South Africa...

There are various investment instruments which fall under the tax free savings savings of which ETF’s and Unit trusts are arguably the most significant. The funds that qualify under tax free savings cannot charge performance fees, only a flat fee, so if you are invested in ETF’s or unit...

Data Factory Unclaimed Benefits Claim Assistance...

We receive a number of emails regarding Emails and contacts received from either unclaimedbenefits.co.za or datafactory.co.za asking us to assist with any unclaimed benefits claims. This is what we know about Data Factory Unclaimed Benefits: The Data Factory is a licensed Financial services provider...

Retirement Calculators

When we start working and and saving towards our retirement, most don’t pay much attention to what is being offered, what will be required at the time of retirement or how much we need in order to retire. Your financial adviser will typically show you hypothetical graphs of what you need based...

Why is it becoming more difficult to retire...

The normal age in South Africa to retire is between 60 and 62 years. To qualify for government pension you must be 60. This is quite reasonable as the average life expectancy of a person is 61.2 years. But if you look at the actual data, this information is not quite what it seems with mortality...

Changing jobs and your pension fund options...

People change jobs and move from one company to another for various reasons and each company move requires you to manage your pension fund or provident fund but what are the implications when you change jobs before retirement age and what is the best way to ensure that your tax liability is...

How to Claim your portion of unclaimed benefits from your pension fund...

Many of South Africa’s pension fund Administrators hold large sums of money (In excess of R20 Billion) in preservation funds from members who have not claimed their benefits and according to the act these unclaimed benefits mustl be distributed to the member or his beneficiaries. Each fund administrator...

Funeral Insurance For Pensioners...

Contrary to popular belief people over the age of 65 can still be covered for funeral expenses and in some cases, funeral insurance can still be taken out out on people up to the age of 75 years old. The benefit of having a funeral insurance policy is to have cash instantly available to cover the cost...

Are South Africa’s Insurance Companies good Investments...

For the Insurance Companies in South Africa, the future looks very rose in my estimation, particularly when I see the furious competition among both short term and Life Insurance companies. Are they desperately seeking market share? It would appear so. Everywhere you look these days there are car insurance...