Retirement investing blog
Sanlam deal to acquire ABSA Consultants & Actuaries concluded
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...
What happens to your pension fund money when you die?
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...
List of Ombudsman in South Africa that can help with any complaints you may have
Updated May 2021: 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)...
Should I be Investing Offshore?
The Rand is one of the most tradable and most liquid currencies in the world., let us not forget this. The Worlds financial markets are highly sophistacated finncial systems and when we consider that SA debt is denominated in ZAR and not in US$, it makes ZAR...
How does Debt Management Affect Your Credit Score
What is a credit score? We have all seen the ads with the two guys sitting on the couch watching TV and discussing credit scores. Your credit score is an indicator of how much of a risk any lender will have to take by lending you money or providing you with finance...
Irvin & Johnson (I&J) Retirement Fund Administrator
We have had a few requests lately for the administrators of the Irvin & Johnson Pension & Provident fund. Below please find the information up to date at 15 April 2021. Should this information have changed, please inform us of any new or updated information by...
South Africa’s Retirement problem
South Africa has a unique retirement industry where the creation of a viable black middle class was a top priority after 1994. The Government made unsecured lending a priority to encourage employed black people to access finance and start building an asset base....
How to Claim your portion of unclaimed benefits from your pension fund
Updated November 2020 Link to FAIS database has been updated. 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 pension fund benefit search
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. Here is the process to follow in order to make a claim for...
Where is the money for State expenditure going to come from
We hear from the State that they are going to be spending huge amounts of money bailing out State owned enterprises, are going to spend on roads, housing and social upliftment programs. We hear demands from unions on unsustainable wage increases and threats to shut...
