It’s one of those first global problems that we would like to have in Latin American countries: “I don’t know what to do with so much money. Although this is a caricature, the truth is that Iceland’s pension system, which has been ranked among the best performing in the world,Read More →
It’s one of those first global problems that we would like to have in Latin American countries: “I don’t know what to do with so much money. Although this is a caricature, the truth is that Iceland’s pension system, which has been ranked among the best performing in the world,Read More →
Pretoria – A Limpopo woman whose husband divorced after 35 years of marriage has lost her legal offer not to share her pension of over R 2.8 million with him. The woman, who cannot be identified because her claim in the Polokwane High Court is part of a divorce action,Read More →
The government’s plan to exclude performance fees from the royalty cap for defined contribution (DC) pension plans will not be enough to unlock a flood of capital in illiquid assets, industry insiders have warned. But asset managers are still crafting products that will target a market hitherto inaccessible to illiquidRead More →
The government’s plan to exclude performance fees from the royalty cap for defined contribution (DC) pension plans will not be enough to unlock a flood of capital in illiquid assets, industry insiders have warned. But asset managers are still crafting products that will target a market hitherto inaccessible to illiquidRead More →
“Only 16% […] took independent financial advice to discuss their retirement options ” New research of 1,612 UK adults with work or private pensions for independent price comparison site NerdWallet found that, more than six years after the introduction of pension freedoms, the vast majority of retirees still does notRead More →
Savers could lose track of around £ 64 billion in retirement savings due to outdated contact details, with only 37% of savers updating their addresses with their pension provider before moving, according to a PensionBee study . The survey found that while 67 per cent of savers understood that byRead More →
Online and mobile banking services have become an important part of the way people manage their money these days. RCI Bank found that 78 percent of the nation logs on weekly to check their bank balances, 47 percent review their savings, and 25 percent verify their investments. Clifford Belton, 78,Read More →
British pension plans have around £ 128 billion invested in fossil fuels, which works out to around £ 1,916 for every person in the UK, according to a Friends of the Earth study. The report, Polluted pensions? Clean the air around UK pensions and fossil fuels, found that a typicalRead More →
The Financial Sector Conduct Authority (FSCA) sat with more than R44 billion in unclaimed pension funds owed to 2.5 million South Africans. JOHANNESBURG – The Financial Sector Conduct Authority (FSCA) said it had proposed to the Treasury to create a centralized fund for unclaimed pensions, with the aim of tracingRead More →