As I reflect on South Africa's evolving retirement landscape, I see the need to address recent policy shifts, especially the introduction of the two-pot retirement system. At the Financial Planning Institute of Southern Africa NPC (FPI), we remain committed...
Discovery Green is pleased to announce the signing of five new clients in the mining, property and hospitality sectors, securing long-term partnerships with Impala Platinum Holdings Limited (Implats), KP Lime, The Capital Hotels and Apartments, Balwin...
Planning, insuring and investing made simpler through mutuality and profit-sharing. The Professional Provident Society (PPS) has launched glu, a new division designed to extend mutuality-driven benefits to a wider audience across South Africa. Live from 30...
Newly appointed Momentum Financial Planning CEO Aldert Brink unpacks his vision to revolutionise financial advice for the good of the clients. "We may face many challenges in South Africa, but I firmly believe partnering with expert financial advisers can be...
Old Mutual Wealth (OMW) South Africa has announced a strategic collaboration with Bravura, a leading financial services technology provider to the asset and wealth management communities, to enhance its Discretionary Fund Manager (DFM) functionality of its...
The two-pot system is the latest in a series of significant legislative changes which the retirement industry has seen in the last 10 years (see information box for more details). Most of the attention to date has been on the savings pot, that is the amount...
Though many of us may not fully grasp the profound impact of AI on the world, its transformative power is clear. Some of us have used tools like ChatGPT to improve our writing but today I want to focus on a few remarkable AI innovations that change lives in...
Retirement outcomes in South Africa are very poor. National Treasury estimates that 94% of members in employer funds are not on track to achieve desired retirement outcomes. There are several reasons for this, including the macroeconomic challenges facing...
Umbrella funds have been growing in popularity over the last couple of years and are especially valued by employers who prefer a lighter touch approach to their employee benefit arrangements. There will always be a place for large, credible free standing...
Many boards of trustees of standalone funds face a decision on whether or not to move into an umbrella fund. There are many possible reasons to make such a move including: Lower expenses Reduced responsibilities Reduced liability Reduced time and...