Can pension fund money do more?

South Africa has a pension fund pool of around R4 trillion. This is a significant collection of assets.

However, speaking at the Alexander Forbes Hot Topics Summit in Cape Town last week, the head of the Alexander Forbes Research Institute, Anne Cabot-Alletzhauser questioned whether this money is currently being used in the most optimal way.

“Our savings are the biggest potential driver of economic growth,” said Cabot-Alletzhauser. “How can you take that power and transform it into something even more significant?”

Currently, pension funds are invested predominantly in listed markets. There are two well-accepted reasons for this.

Proceed to Source : MoneyWeb 

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How much cash should I take at retirement?

How much cash should I take at retirement? Although important, tax is only one of various aspects to consider.

In addition to tax, it is advisable to take debt, large purchases and future emergency requirements into consideration when determining an appropriate amount of cash to take at retirement. Picture: Shutterstock In addition to tax, it is advisable to take debt, large purchases and future emergency requirements into consideration when determining an appropriate amount of cash to take at retirement. Picture: Shutterstock
It’s a question many soon-to-be retirees grapple with – how much cash to take at retirement?

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