From 1 March 2024, a member’s Fund Credit and their future contributions will be reclassified into a ‘vested pot’, ‘emergency savings pot’ and ‘retirement pot’. We will change all Fund Credit records on our administration system to this new naming convention from 29...
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read more…
In January 2023, Principal Investment Consultant Marcus Rautenbach shared his expectations of financial markets for 2023 and he updated them in April 2023. Halfway through 2023, he evaluates his initial expectations to see where he is on the mark and where he is off...
In Simeka’s July Economic Commentary, Marcus Rautenbach comments on the volatility of the rand followed by South Africa’s stratagems in the geopolitical world. The domestic economy remained under pressure as consumers soaked up the strain of higher inflation, interest...
The transfer of benefits of members and pensioners of retirement funds to other retirement funds is allowed in certain circumstances, subject to the provisions of the Pension Funds Act and the Income Tax Act. By Anita Roodman: Senior Manager, Legal and Technical and...
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read more…