Now that the tax year has come to a close, many individuals are anticipating significant tax rebates. Rather than hastily splurging on non-essential items, especially in an uncertain economic climate with volatile markets, consider investing along with any...
Since March 2019, legislation changed such that instead of leaving pensioners to their own devices, funds had to have in place “default” retirement products, secured at institutional pricing and appropriate for the needs of most members. These “default annuity...
Gary Feldman, Executive Head of Healthcare Consulting, NMG Benefits The Council for Medical Schemes (CMS) recently recommended that medical aid schemes cap their contribution increases for 2023 at 5.7%. On the face of it, limiting medical aid increases looks like a...
Siphamandla Buthelezi, Head of Platforms and Retirement Fund Administration at NMG BenefitsWhether through resignation, retirement or retrenchment, people change jobs all the time. Unfortunately, most of them cash out their pension funds when they do – and it’s one of...