In this article, we explore in more detail, the various types of retirement funds that are available to investors, as well as the rules that are applicable regarding withdrawals, early termination, and transfer. Pension fund Contributions The contributions that an employee makes towards a pension fund are tax deductible up 27.5% of pensionable income,...
Tag: retirement
People are living longer, baby boomers retiring later
FA News (2020) compiled an article of views on trends and what to expect in the year 2020. According to Viresh Maharaj, Chief Executive of Corporate Sales & Marketing at Sanlam, the key trends that will shape our future, specifically 2020, include: 1. The rapid consolidation of standalone funds into umbrella funds. Standalone retirement...