Criminal self-sabotage: Cashing out your pension fund prematurely
Jeanette Marais, CEO of Momentum Investments (Article from FA News) Cashing out your pension fund every time you change jobs may seem like a quick cash-flow fix in the moment, but in actual fact, it’s self-sabotage. Every time you borrow from the future, you jeopardise your financial wellness beyond retirement. One thing many people do […]
Section 37C – How certain are you that your nominated beneficiary will inherit your retirement funds?
The Section 37C of the Pension Funds Act governs the distribution and payment of lump sum benefits payable on the death of a member prior to retirement from either a pension or provident fund or pension and provident preservation fund or a retirement annuity fund. The Trustees of the Fund are the persons responsible to […]
