Divorce and Pensions
Navigating recent legislative changes. When couples divorce, the division of assets can become a complex matter, particularly where retirement savings are involved. For financial advisors, understanding how marital property regimes and legislation intersect is critical to supporting clients. Recent legal updates, effective from 1 September 2024, have aligned the definition of ‘pension interest’ across fund […]
Pension funds and emigration
Investing in an offshore retirement fund is one way of growing your wealth in a stable economy over the longer term, or even gaining residency in a foreign country. However, for South Africans, this scenario presents as many challenges as it does opportunities, and should only be considered after consulting with a financial advisor and […]
Hedge funds: Protecting retirement fund returns
Although seen largely as risky and speculative, hedge funds act as an ‘insurance policy’ if used appropriately In July 2022, National Treasury published new regulations pertaining to the maximum allocation retirement funds can make to certain asset classes, including hedge funds. Following the amendments to Regulation 28 of the Pension Funds Act in July 2022, […]
RFS Umbrella Pension & Provident Funds Annual Newsletter
MESSAGE FROM THE BOARDS OF RFS UMBRELLA PENSION AND PROVIDENT FUND TO THE PARTICIPANTS IN AND MEMBERS OF THE FUNDS We have communicated to you earlier this year regarding the following: The sponsor of the funds. Your Board of Trustees including their duties and powers. Introduction to the trustees. The duties and role of your […]