Retire: Death and retirement savings

Carina JoosteLatest, Retire

You’ve invested enough to secure a comfortable retirement that will see you through the golden years. But what happens to your retirement savings if you pass away a year or two after you’ve entered retirement? The answer to this question depends on the type of retirement product you invested in. Life and living annuities If ...
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ETF: Understanding the NewFunds ILBI

Kristia van HeerdenETF Blog, Latest

Effective 1 March 2023, this ETF  is now the Satrix ILBI ETF (JSE code: STXIFL) Being able to retire would be impossible if our investments didn't beat inflation over time. The Satrix ILBI ETF (STXIFL) invests in inflation-linked government bonds in an attempt to preserve your buying power. As we explain here, inflation is when ...

Retire: Understanding regulation 28

Carina JoosteLatest, Retire

We briefly touched on Regulation 28 in the RA, pension or provident fund? blog. In this blog, we’re zoning in on this Pension Funds Act directive. Here’s what you need to know: Regulation 28 helps to protect your retirement savings. It does this by regulating your retirement fund contributions’ maximum exposure to the different asset ...

Retire: How to move your RA

Carina JoosteLatest, Retire

After months of toying with the idea of moving your retirement annuity fund from one product provider to another, you’ve decided to go ahead. You’ve done all necessary homework, compared fees, requested and scrutinised comparison reports and settled on a product provider that works for you. What now? Enter Section 14 To transfer your retirement ...

Retire: Do I have enough money to retire?

Carina JoosteLatest, Retire

Spoiler alert - there are no hard and fast rules to help guarantee the ultimate in retirement comfort. But you can support this goal by being smart about your retirement roadmap: knowing how much you need to save, knowing that every percent counts and knowing that small sacrifices today mean massive returns once you leave ...

Retire: Which annuity is right for me?

Carina JoosteLatest, Retire

We often get asked which annuity is better at retirement - a living annuity (LA) or a guaranteed annuity (GA)? We’ve asked the 10X team for advice. “In choosing between the different types of annuities, you must consider a host of factors specific to you,” advises Catherine Neill, Marketing Manager at 10X. Your health, age, ...

Retire: Living vs guaranteed annuities

Carina JoosteLatest, Retire

As we’ve mentioned in our very first RA blog, at least two-thirds of your RA or pension needs to be converted into an annuity upon retirement. But one does not simply buy an annuity - with many options available to retirees, you need to do your homework before settling on an annuity that's best geared ...
The Fat Wallet Show with Kristia van Heerden

Podcast: Figuring out investment fees

Kristia van HeerdenLatest, The Fat Wallet

A few weeks ago I attended a 10X event in Johannesburg. Being a low-cost retirement annuity (RA)  provider, obviously much of the discussion centred around fees. Steven Nathan, who runs 10X, did an analysis of a statement sent by an old-school retirement product provider. He used the real example to illustrate how impossible it can ...