Are you really getting an extra R50 000 at retirement?
Our Minister of Finance gave fund members some good news when he announced the latest budget. For the first time in nine years, the tax
Whatever your life story is, whatever the history, no matter how bad it may seem, it can change for the better.
What are the stupid questions you are afraid to ask when it comes to your retirement planning? What are the things you think you are supposed to know and be comfortable with when it comes to your retirement fund? If you look back over the span of your career, what are the things you would have done differently to make better provisions for your retirement?
Pensions for Palookas is written as a conversation starter. It provides readers with a better understanding of how their retirement fund works and the things they need to be aware of when constructing a retirement plan. This book is not meant to replace the sound advice of a skilled financial advisor, but is rather meant to help readers prepare for the conversations they will have with their advisors and other stakeholders in crafting a retirement plan that best suits their tailored needs and wants.
The goal of Pensions for Palookas is to assist readers to take control of their retirement planning today by equipping them with the knowledge to ask the right questions when consulting with fund trustees, principal officers, the HR department of employers and financial advisors. You control your retirement destiny and you owe it to yourself to put yourself in the best position to make informed decisions regarding your retirement plan.
Brett Ladouce is an Advocate of the High Court. He is a pension lawyer working at a leading financial services company. Adv. Ladouce obtained his B.Proc and LLB degrees from Nelson Mandela University as well as an MBA from Stellenbosch University and a Post-Graduate Diploma in Financial Planning from the University of the Free State. He has more than 20 years of experience in the financial services industry as a legal advisor, product manager, senior development manager, compliance officer and as the managing director of a financial services provider.
Our Minister of Finance gave fund members some good news when he announced the latest budget. For the first time in nine years, the tax
If you are not contributing the maximum tax-deductible contribution of 27.5% of your taxable income (limited to R350 000 per year) to your retirement fund,
If you retire in 2023, one of the most important decisions you will make will be in relation to the type of annuity (income stream
If you are retiring at the end of 2023 and you should start the planning process for what the rest of your life will be
A lot has been written, and speculated, about the introduction of the Two Pot System on 1 March 2024 to regulate access to retirement savings