July 22, 2024

2024 FPI Financial Planner of the Year Finalists

The top three finalists for the esteemed 2024 Financial Planner of the Year Award, presented by the Financial Planning Institute of Southern Africa (FPI), have been unveiled.
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July 22, 2024

President Signs Pension Funds Bill. Two-Pot on track for 1 September

President Cyril Ramaphosa has signed the Pension Funds Amendment Bill, enabling the Two-Pot Retirement System, effective from 1 September 2024. Old Mutual Corporate supports this legislation, but emphasizes the need for patience and thorough readiness from retirement funds and administrators.
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July 22, 2024

Two-Pot legal hurdle crossed, now the race to prepare is on

Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. This means that all prerequisites for SA’s new Two-Pot retirement system to take effect from 1 September 2024 have successfully been concluded.
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July 22, 2024

FNB survey reveals that nearly 50% of South Africans don’t have a retirement plan

The 2024 FNB Retirement Insights Survey offers a glimpse into the current state and evolving dynamics of pre- and post-retirement planning in South Africa. In its second year, the in-depth research reveals persistent challenges around retirement in South Africa and highlights emerging opportunities
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July 18, 2024

Savings Month highlights how Two Pot can improve SA retirement outcomes

With July being national savings month in South Africa it’s worth remembering that beyond providing access to retirement savings in cases of emergency, the long-term intention of Two-Pot is to improve the country’s retirement outcomes by keeping South Africans in work and saving more, for longer.
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July 18, 2024

Sustainable SMMEs crucial to help boost unemployment

SMMEs by their very nature tend to be agile but they are also incredibly vulnerable to the impact of business interruption. Anything from theft and fire to cybercrime or unrest can be fatal to an enterprise that is not prepared. Insurance cover is therefore imperative to ensure the sustainability of SMMEs
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