retirement planning

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Local

Old Mutual hosts talk on how to invest in tough times

From left to right: Hein Davids, Business Development Manager at M&G Investments, Tassius Chigariro, Old Mutual Namibia Group Chief Executive Officer, Izak Odendaal, Chief Investment Strategist at Old Mutual Wealth SouthAfrica, Otto Makemba, Managing Director of Old Mutual Namibia Personal Finance, Wikus Fourie, Old Mutual Namibia Wealth Chief Executive Officer and Isaack Veii, Head of Distribution and Retention at Old Mutual Namibia Corporate Segment. Old Mutual Wealth Namibia recently convened […]

today12 June, 2025

South Africa

South Africa is changing its retirement rules to help boost country savings: how it will work

      By Adrian Saville, University of Pretoria     A study of 160 countries, spanning 60 years of economic history, establishes that there is no country that has been able to transition from “poor to prosperous” without a high savings rate. And that households - in other words you and me - are one of the most important contributors to a country’s overall level of savings rate. Yet, […]

today29 July, 2024

Opinion Pieces

Understanding Preservation Funds

    A preservation fund is a savings vehicle into which you can transfer your retirement savings, from a retirement fund (pension or provident fund), with the aim of preserving funds for your financial well-being in retirement.  This vehicle is primarily used when people resign or change jobs, which then becomes a tax-free transfer from your existing retirement fund into a preservation fund of your choice. Preservation can either be […]

today22 July, 2024

Namibia

Government Institutions Pension Fund increases pension and disability income benefits

The Government Institutions Pension Fund announced pension and disability income benefits increases. The Board of Trustees took this decision after a thorough actuarial due diligence process and in consideration of various factors such as the inflation rate, cost of living, reasonable benefit expectations of its active annuitants, affordability on the part of the Fund and the average annual return over the last five years, as well as the current and […]

today29 April, 2024