The excitement and anxiety over the implementation of the two-pot retirement system on 1 September 2024 quickly turned to agony for some retirement fund members whose employers had not been paying over contributions to funds. It used to be that most members...
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...
I write this article in January 2024, the new year has arrived and we look forward to a year filled with major events, both in South Africa and abroad. National elections are scheduled to be held this year, which will inevitably have an impact on pensions and...
The recent announcement that Parliament’s standing committee on finance has declined to extend the implementation date of the two-pot retirement system to 2025 has been met with consternation by many in the industry. With reactions ranging from condemnation of the new...
The average person spends around 90 000 hours of their life working. That’s just over 10 years or 3 750 days or, in other words, a third of their lifetime. For many South Africans, retirement is far out of reach. Of the 5.2 million South Africans aged 60 and...
Not too long ago, most people were forced to work remotely from home. Even in 2022, a vast majority of organisations worldwide had introduced a remote working policy or were considering implementing one as a long term strategy. Fast forward to 2023. The need for...