The phrase South African pension fund is often used interchangeably to describe any investment earmarked for retirement savings. But did you know that there are, in actual fact, a few…
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So you’ve probably heard there have been some changes this year to South African tax law that affect the way expats can access their retirement savings, effectively placing a three-year…
If you’re wondering whether it’s possible for you to transfer funds from a retirement annuity (RA) to a preservation fund, you’ll be pleased to know that we’ve got the answers…
Pension funds, provident funds, pension preservation funds – they all sound the same, right? Not exactly. There are a few major differences and similarities between these retirement investment vehicles; and…
Preservation funds are being brought in line with retirement annuities when a member emigrates prior to the retirement date. At the moment, a member of a retirement annuity can access…
A few years ago South Africans weren’t allowed to transfer the proceeds of their retirement annuities offshore before age 55. In 2008, however, a change in tax legislation made it…
Emigrating from South Africa presents a host of novel challenges – you’ll find you have to acquaint yourself with regulations, procedures and terminology you’d never have had to concern yourself…
The term emigration (often also referred to as formal or financial emigration) is often misunderstood. Many people believe they’ve emigrated because they went through the “emigration desk” at the airport when leaving South…
You earn a good salary in hard currency and contribute to a sterling denominated pension fund, to provide for your financial freedom in retirement. But what should you do with…
If you are planning to visit South Africa and happen to be in Hermanus… you are invited for coffee. The finglobal.com team celebrated its 5th birthday anniversary on the 12th February…