Mail & Guardian
Mail & Guardian

Retirement Annuities

latest news & developments
Fred White is the head of Balanced Funds and co-manages the SIM Balanced Fund at Sanlam Investment Management. (Photo: courtesy of Sanlam)
BONDS

Smart investing to beat longevity risk

Investors come to a balanced fund because they want growth

  • Staff Reporter
3 min read
Opening a tax-free savings account is another way to make provision for your golden years, as an alternative or addition to your retirement annuity. (Platinum Wealth)
INVESTMENT

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it’s best to do your research first to find out if a TFSA is really suited to your needs

  • Staff Reporter
7 min read
The retirement savings industry has received a shot across the bow from financial services provider Outsurance with its new OUTvest offering encompassing all the features of a retirement annuity but with rock-bottom fees.
GALILEO CAPITAL S WARREN INGRAM

OUTvest ‘fires shots’ at the industry

New offering has all the retirement annuity features, but charges rock-bottom fees

  • Thando Maeko
7 min read
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook
DEMOGRAPHICS

Nearly half of SA’s workforce has no retirement plan — survey

Fewer than 50% of the respondents were aware of how much money they could expect at retirement

  • Carin Smith
3 min read
High fees erode your investments (Photo Archive)
ALLAN GRAY

High fees erode your investments

New middlemen mean today’s investors are paying more fees than previous generations

  • Thalia Holmes
5 min read
At age 42, Abiy is considerably younger than the old guard and, with the sympathy of many protesters, he appears well suited to the task of assuaging the grievances of the country’s neglected groups. (Reuters/Tiksa Negeri)
ALF JAMES

Call to join quest for financial freedom and security

Retirement industry stakeholders can improve both the country’s retirement and socioeconomic conditions

  • Alf James
7 min read
(John McCann/M&G)
FINANCIAL ADVICE

How not to outlive your cash

Obeying the 4% rule is not always enough to ensure your savings last through retirement

  • Thalia Holmes
8 min read
Most active fund managers underperform and the fees charged for passive funds are lower.
JSE

Fees can reduce retirement savings

Small differences in fund management fees can be an investment killer in the long term

  • Thalia Holmes
8 min read
The Democratic Alliance.
ALLAN GRAY

Match your annuity and expiry date

A living annuity is a popular retirement choice but it has to be carefully managed

  • Thalia Holmes
7 min read
Most South Africans are not planning for retirement, with only 6% of the country’s population on track to retire comfortably.
ANTON GILDENHUYS

How to lower the costs of retirement

Restructuring the way we save for retirement could halve our costs and a new model that changes preservation rules will dramatically reduce charges.

  • Maya Fisher French
6 min read
David McCarthy is on a three-year contract to the treasury to look at retirement reform.
MAYA FISHER FRENCH

Unearthing hidden pension costs

The treasury’s new adviser, David McCarthy, wants to counter threats to the retirement industry, writes Maya Fisher-French.

  • Maya Fisher French
8 min read
The treasury’s mooted compulsory preservation of retirement funds when changing jobs aims to address the fact that 10% of South Africans retire with sufficient income.
MAYA FISHER FRENCH

Treasury takes aim at savings costs

Compulsory fund preservation and simplifying products are among the options highlighted in the treasury’s discussion document.

  • Maya Fisher French
6 min read
MAYA FISHER FRENCH

Retrenchment benefits increase

Those facing retrenchment or retirement can look forward to better tax breaks from this year.

  • Maya Fisher French
2 min read
ADVISOR FEE

RA’s: Paying for no advice

Beware of throwing the baby out with the bath water. Don’t short change your retirement because you are unhappy with your adviser.

  • Maya Fisher French
3 min read
IMARA ASSET MANAGEMENT

Don’t let your RAs disguise over-diversification

Dust off your retirement annuities, scrape away the wrapper and take a long look at the underlying investments, says Imara Asset Management.

  • Staff Reporter
3 min read