Everand Logo

Welcome to Everand!

  • Pretoria News Weekend

    What the retirement fund reforms mean for you

    Mar 06, 2021 3 minutes
    MARTIN HESSE
    Bloomberg

    LAST week’s Budget speech by the Minister of Finance, Tito Mboweni, highlighted two issues concerning retirement funds that warrant exploration: changes to regulation 28 of the Pension Funds Act to allow for increased investment in national infrastructure projects, and the introduction of auto-enrolment for all employed workers.

    REGULATION 28

    The Pension Funds Act guarantees a high degree of protection for your savings in a retirement fund – far higher than in any other type of investment. It stipulates that your savings must be managed

    You’re reading a preview, subscribe to read more.

    More from Pretoria News Weekend

    Pretoria News Weekend3 min read
    Man City Eye Finish Line, But Title Race Not Over Yet For Arsenal
    Manchester City can take a giant stride towards a third consecutive Premier League title by beating Everton this weekend, but rejuvenated Arsenal have not given up hope of springing a surprise. Liverpool are suddenly in the conversation for a top-fou
    Pretoria News Weekend3 min read
    Mokwena Reveals ‘Microscope Focus’ On Wydad
    RHULANI Mokwena was at his show-off best in the pre-match press conference for Mamelodi Sundowns’ CAF Champions League semi-final first-leg tie against Wydad Casablanca. The Brazilians coach – perhaps in a ploy to send a warning to the opposition – r
    Pretoria News Weekend3 min read
    ‘Queen of Mommy Bloggers’ Heather Armstrong dies at 47
    Heather Armstrong, a pioneering blogger who transformed women’s media and altered the public perception of motherhood, died this week at the age of 47. Armstrong, who also went by her maiden name, Heather Hamilton, died by suicide, her boyfriend, Pe

    Related Books & Audiobooks