Old Mutual
PF IOL pension index
Colin Daniel

Average pension is R5 702 a month

The average pension of a South African pensioner whose monthly income is deposited in a bank account is R5 702.

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PF IOL RetirementPlanningConsultantiol
Colin Daniel

How your retirement plans may fail you

Traditionally, we have been told that if we save a certain amount, we will have enough to retire on. But it’s not as simple as that.

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PF IOL 6Jun trustees iol
Colin Daniel

Funds, administrators see law as a ‘guideline’

The Financial Services Board and the Pension Funds Adjudicator say trustees and retirement fund administrators can to do a better job of complying with the Pens... Read Story

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Items 1 - 10 of 26

Average pension is R5 702 a month
June 12 2015 at 18:49

The average pension of a South African pensioner whose monthly income is deposited in a bank account is R5 702.

Read Story
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How your retirement plans may fail you
June 5 2015 at 19:22

Traditionally, we have been told that if we save a certain amount, we will have enough to retire on. But it’s not as simple as that.

Read Story
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Funds, administrators see law as a ‘guideline’
June 5 2015 at 17:46

The Financial Services Board and the Pension Funds Adjudicator say trustees and retirement fund administrators can to do a better job of complying with the Pension Funds Act.

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Asset management ‘not the key to a secure retirement’
June 5 2015 at 17:45

Trustees should focus on controlling the other factors that ‘play a much greater role’ in determining whether or not retirement fund members will retire financially secure.

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Troubled funds seek liquidation
May 29 2015 at 18:24

The trustees of four troubled umbrella retirement funds have nominated a liquidator so that the funds can be voluntarily liquidated, enabling members to transfer their benefits to other funds.

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Retirement education drive ‘paying off’
May 29 2015 at 18:31

An annual survey of retirement funds shows that pensioners are faring better than they were a year ago and suggests this may be due to increased awareness.

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Lifestaging can lead to a mismatch
May 29 2015 at 18:19

Default retirement portfolio options provided by fund trustees may lead to a mismatch with the pension you want to buy.

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Affluent pensioners benefited from expert advice
May 29 2015 at 18:18

Financial advice from an accredited financial adviser will improve your chances of retiring in comfort, the Sanlam Benchmark Survey of retirement funds suggests.

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You may get a lower pension than you think
April 10 2015 at 18:21

The Alexander Forbes Pension Index, which shows projected pensions according to expected returns on retirement savings, paints a sobering picture.

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Umbrella fund rebuild ‘taking too long’
April 2 2015 at 18:39

The time it is taking to reconstruct the records of a troubled umbrella provident fund is prejudicing members, the Pension Funds Adjudicator says.

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Items 1 - 10 of 26