Financial planning is a responsible and effective way to reach your financial goals, it gives you the freedom and security to plan for the future.  Listed below are 4 reasons financial planning is important. Know your worth: What assets and liabilities do you have and how much are they worth? Consider...

There’s a lot of talk about pensions being important, and how to make the most of your finances after you retire, but you may still be unclear in exactly why you’ll need one. Here’s a brief overview of exactly why paying into a pension plan can prove essential. Perhaps the most obvious...

People in South Africa are getting a little panicky about calls for Nationalization of mines and banks and with the recent ratings downgrade of South Africa this is becoming more of an issue. Retirement Fund managers are finding themselves in a quandry with investors seeking returns way above inflation...

When we find ourselves in in difficukt financial circumstances we often do not take the time to consider the implications of cashing in our retirement savings. The need to cover our expenses and maintain our lifestyle is often a very strong motivation to cash in retirement savings but there are serious...

The stripping of surplus funds from a number of South Africa’s pension funds in the 1990′s started a storm that has taken up until now to sort out and has seen high profile businessmen receive suspended sentences and fines for their part in the surplus fund stripping. Members of the following...

For those of you who took advantage of the ability to have numerous retirement income streams from different annuities or pension funds managed by different companies in order to have each taxed with the applicable rebate, you need to be aware that your income will now be accumulated and you will be...

When you retire or leave your current employer, you are faced with a number of retirement investment choices and depending on your financial position at the time of retirement differ quite significantly. You may wish to do some travelling, buy a boat or simply spend time persuining you passion for painting...

There comes a time in life when you have to retire from active life and bid adieu to a regular job and income. Retirement is inevitable to all working people and it pays a lot to foresee a future where you will have to rely upon your savings to lead a comfortable existence. Preparing for your retirement...

When you consider your retirement funding and read the pension fund plan provided by the company you work for, you may be initially quite relieved to read that your retirement savings are designed to cover 80% of your salary at retirement. What you really need to look at is that this 80% is the percentage...

Unclaimed pension fund benefits amount to a whole lot of money which is sitting in the coffers of the Insurance companies awaiting distribution and you could be one of the lucky ones who is able to collect. If you or anyone in your family has been with a few different companies over the years and contributions...