23.6.2016 10:18 am
But the majority of them are cash investments with banks.
New research from Intellidex released on Wednesday shows that 262 493 tax-free savings accounts (TFSAs) were opened in South Africa during the last tax year. This translates into around 700 new accounts being opened every day, and Intellidex notes that this rate remained fairly stable through the 12 month period.
People underestimate how quickly retirement does approach – Jenna Hartley, investor consultant – 10X Investments.
Part one of three: Overcoming the unprecedented challenge of getting millennials to invest for retirement.
Mikayla Collins from NFB Private Wealth answers a question from a reader who wants to know what the benefits would be of investing a lump sum into a retirement annuity at retirement.
‘The secret to investing is addressing the right risk at the right time.’
You can now contribute up to 27.5% of your total remuneration to an employer’s retirement fund.
‘Be Bold’ is building entrepreneurship fervour at tertiary institutions.
Compared: umbrella funds allowing members to stay on as a retired member within the fund.
How can I determine how much cover I need? Should I not rather use the money and invest it in shares or a unit trust?