Employers play a crucial role in retirement savings in South Africa. While it is not mandatory to offer a retirement savings benefit, many employers recognise the important role employer-arranged retirement investments, such as umbrella funds, can play in...
Retirement funds provide financial security after the working years. If a retirement fund member dies, and a lump sum death benefit becomes payable, the trustees of the fund are responsible for distributing the death benefit fairly, in accordance with...
Due to under-saving, most working South Africans are unable to keep up with their basic needs if and when they retire. This so-called “retirement gap” can be calculated at any point in an individual's lifetime to determine whether they are on track to...
The 2023 National Blue Drop Report, put together by the Department of Water and Sanitation (DWS), found that 46% of our water systems have an unacceptable microbiological water quality status, meaning that the water in these systems poses a serious acute...