A declining number of middle class people are saving for retirement in South Africa
An amount of R11 billion will be set aside to allow people early exit from public service
Taxpayers who owe money to the revenue service must expect that these debts could be settled from the withdrawals, leading to a lower payout
In South Africa, trade unions have a reputation for having workers’ back. But for many of the country’s community health workers, these organisations are no longer an ally.
South Africa’s pension system is ranked 31st out of 43 countries, receiving a C-grade which indicates major risks and shortcomings that should be addressed
For the many that rely on pension grants, Sassa’s seemingly simple date change has severe ramifications
A recently released report reveals how big players in the pensions industry have benefited by leaving policy holders out in the cold
Upskilling is essential, and local industry rates IRFA’s contribution highly
The GEPF is facing increasing heat over its performance and increasing costs
In April, the High Court dismissed Molefe’s application for leave to appeal, saying there was no other court that would come to a different conclusion
Tougher reporting requirements could cut disparities between top execs and employees
A fight drags on to get the state to replenish looted pension funds for those battling to make ends meet.
The only way to avoid poverty when you’re old is to put enough away while you are earning
The Government Pensions Administration Agency is attempting to trace the beneficiaries of R456-million in pension money.
New products using passive investment vehicles could offer South Africans bigger pensions for less.
There is another side to the picture usually painted about how South Africans save.
In a bid to improve savings the treasury explores fee cuts, which may effect the financial sector.
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/ 6 December 2010
Can you postpone paying tax on a deferred compensation fund?
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/ 29 September 2010
Pensioners tend to struggle in a low interest-rate environment. What investment decisions should they be making?
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/ 7 September 2010
The average retiree will have generated savings that will purchase a pension of only 30% of the salary they were earning before retirement.
It is surprising that South Africa has reduced the retirement age for men qualifying for the social old-age pension to 60.