by pension-admin | Sep 1, 2024 | Featured Articles, Pension funds
Taking out a loan against your pension fund capital or retirement savings in other investment portfolios is possible but their are a lot of hoops to jump through with the fund administrators, even if the fund rules allow for a loan against the capital amount in your...
by pension-admin | Aug 13, 2024 | Featured Articles, Financial planners, Pension funds, Retirement planning, Wills and estate planning
In South Africa, the payment of retirement fund proceeds on premature death is governed by the Pension Funds Act of 1956. When a member of a retirement fund dies before reaching retirement age, the benefits are not automatically paid out according to the...
by pension-admin | May 3, 2024 | Pension funds, Retirement calculators, Retirement planning
You will have heard how powerful compound interest is at building wealth but how do you calculate the future value of a savings account of, for example R10 000/year over 40 years if you reinvest the interest every month? Compound interest is an incredibly powerful...
by pension-admin | Apr 18, 2024 | Financial planners, Health, Offshore Investments, Pension funds, Retirement planning
Have you ever thought that it would be nice to go and spend some time in Europe to enjoy your hard earned cash, experience other countries and cultures and generally do a whole lot of travelling without having to come back to South Africa every 3 to 6 months, but to...
by pension-admin | Oct 5, 2021 | Featured Articles, Pension funds
It appears that the deal where Sanlam Life acquires ABSA Consultants and Actuaries (ACA Employee benefits) has finally gone through all of the regulatory approvals necessary to be concluded. The deal was first announced in October 2017 and was expected to be consluded...
by pension-admin | Jun 24, 2021 | Pension funds
Pension funds fall into a different category of your estate when you die and any value of the fund at time of death or death benefit amount in your pension fund can not be bequeathed to anyone as with other assets. The unfortunate thing about a death benefit claim is...
