Old Mutual Corporate Consultants Archives

12 Mar 2020

COVID-19: The best move an investor can make is no move

By Janice Roberts

The arrival of the Coronavirus (Covid-19) in South Africa last week and the subsequent confirmation of 17 positive cases has amplified the anxieties of local investors saving towards their retirement. While the outbreak is certainly unsettling, South Africans must resist the urge to panic when it comes to their investments. This is according to Andrew...

30 May 2018

Does a lump sum at retirement age make sense?

By Janice Roberts

The thought of receiving a large lump sum at retirement is appealing to many people, and dreaming of spending it can make all the hard work over a lifetime seem worthwhile. Provident fund members, unlike pension fund members, are not compelled to convert the lump sum into a monthly income, but whether this option is...

04 Sep 2017

Steps approved to action retirement fund reform

By Janice Roberts

The next significant step in Government’s reformation of the retirement fund industry was taken last month (25 August 2017) and saw the implementation of the final retirement funds default regulations on 1 September 2017. Existing funds, however, have until 1 March 2019 to comply.

30 Aug 2016

The shift to umbrella funds – is it the right option for your company?

By Janice Roberts

Given the increasingly complex retirement fund landscape and ever-expanding regulatory requirements, implementing a scheme for employees to save for retirement may seem like a daunting prospect for a business.