Cape Town-based asset manager Allan Gray launched an umbrella retirement fund in March.
The tax exemption on retirement income from working abroad has been narrowed to apply only to pensions paid from retirement ...
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Ex-employee of fund administrator desperate to receive the more than R330 000 he says is owed to him.
The umbrella fund arrangement is more commercial than is the case with standalone funds, where the employer has traditionally played a paternal role.
A provident fund is providing benefits for its members in more ways than one.
More than a quarter of working South Africans have no formal retirement savings, according to the 2017 Old Mutual Corporate Retirement Monitor.