The latest news on South African pension funds in 2022
While the legislative wheels of change turn to allow for early withdrawal of pension funds, National Treasury has requested patience from individuals who are eager to withdraw a portion of their retirement savings, to allow for the necessary public participation and...
The lowdown on South African living annuities in 2022
What happens when you reach the official legislative retirement age of 55? If you’re ready to stop working and you’ve saved enough in a retirement annuity, pension, or provident fund, it’s time to formally retire from your fund. In order to provide an income for the...
Early access to your South African pension fund – yes or no?
Whether it’s for retirement or unexpected emergencies, saving isn’t easy. Often, South Africans prioritise one saving goal at the expense of the other. But what if there was a way for people to do both? Proposed legislative amendments would like to make this a...