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Is Facebooks Libra coin the Crypto currency that will take hold
There are some big hitters backing Facebooks Libra coin, including Naspers, Paypal, VISA and Mastercard. This is an amazing coup for Facebook, with 30 big names backing the crypto currency so far. There are hopes that 100 of the Worlds biggest Internet Giants will...
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Preparing for your future being HIV positive
If you have recently had your status confirmed as HIV positive and had the necessary discussions about your future with a medical professional, one of the things you will be aware of is the need to manage your HIV with medication. What you will also be acutely aware...
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GEPF seeking to change foreign exposure rules
The Government employees pension fund (GEPF) is the largest pension fund by investment value that invests the retirement savings of all South African Government employees. The GEPF is currently seeking to increase it's exposure to foreign markets and currencies as...
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Investment pouring in to South Africa updated 29 October 2018
The investment summit being held in South Africa has yielded some incredibly promising investment inflows from companies right across the business spectrum. One such investment pledge comes from the darling of the Johannesburg stock exchange Naspers, who have pledged...
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Preparing for your future being HIV positive
If you have recently had your status confirmed as HIV positive and had the necessary discussions about your future with a medical professional, one of the things you will be aware of is the need to manage your HIV with medication. What you will also be acutely aware...
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List of Ombudsman in South Africa that can help with any complaints you may have
Here is a complete list of Ombudsman in South Africa which will help with anything from Banking and pension payment issues to banking, sectional title, credit and even vehicle related issues. When to contact the Ombudsman. (below are a few examples) What is an...
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What to do if your employer has not been paying over your pension fund/retirement contributions
In the recent pension fund adjudicators annual report there is an alarmingly high incidence of companies deducting money from employees salaries for investment into pension funds or other retirement products and the money being deducted, not being paid over to the...
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Expat South Africans can transfer retirement Investments overseas
In recent years, Expat South Africans living in the UK, USA or Australia in particular, have seen their retirement/pension payouts reduced by enormous amounts once transferred to the country they now live in due solely to the currency fluctuations. If this is your...
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Pension fund adjudicator – Antoinette Muvhango Lukhaimane
As a follow up to the article that indicates the increased level of complaints against pension fund administrators and the current pension fund adjudicators record of dealing with these cases, we thought you would like to know a little about the person who adjudicates...
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Pension fund member complaints up significantly
The pension fund adjudicator has seen an increase of more than 10 000 cases year on year or a massive 38%. The great news for those of you who are skeptical about how your complaint will be handled will be extremely happy to note that 83% of the complaints were ruled...
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Retirement fund switching must be in the best interest of the members
When an employer decides to switch their employees retirement savings from a stand alone retirement fund/Umbrella fund to a different fund, the over riding decision needs to be based on the switch being in the best Interest of the fund members. To give you an idea, in...
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Retirement – Pension fund advice
At retirement, if you have worked in a corporate company, you will be part of the companies group pension fund or other retirement saving mechanism. The employee, as well as the employer make a contribution to the pension fund for the benefit of the employee subject...
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