One Super Fund can save you all the hassle of consolidating your super. We offer three levels of service that range from the basic consolidation to a full financial service.
Superannuation is a tax effective means of saving for retirement. Be aware of the types of superannuation accounts, tax rates within superannuation and other benefits
One Super Fund can save you all the hassle of consolidating your super. We offer three levels of service that range from the basic consolidation to a full financial service.
Superannuation is a tax effective means of saving for retirement. Be aware of the types of superannuation accounts, tax rates within superannuation and other benefits
While planning for investing in tax savings instruments, you should be focusing on your portfolio asset allocation rather than safety of returns or recent past performance.
How will retirement reform impact your retirement fund by Olano Makhubela10X Investments
Chief Director, Financial Investments and Savings, National Treasury presented at the 10X Retirement Conference 2014 on the topic How will retirement reform impact your retirement fund.
Constructing a sensible pre-retirement plan by Fikile Shezi10X Investments
Fikile Shezi, Employee benefit consultant, 10X Investments presented at the 10X Retirement Conference 2014 on the topic Constructing a sensible pre-retirement plan
This webinar talks about Section 80(C) and its basics, comparison of instruments within this option and how to derive the maximum value out of it, How to choose the best ELSS Mutual Funds - one of the most popular Section 80(C) investments.
Hi Friends,This presentation provides the details about the pension plan and its benefit.You can know now that why pension plan is important for life and in old age.For more details visit here :- www.thepolicykart.com..also you can check cons and pros of this plan also,because many companies provide pension plan,but the executive didn't provide the proper details to them.
There are many benefits available for Senior Citizens to make their post retirement journey merrier. Moreover, right investment choices can make them financially capable to live it up. Let’s have a look at few special benefits & investment options available for senior citizens.
A sensible and sustainable draw-down strategy in retirement by Tracy Jensen10X Investments
Tracy Jensen, Chief Product Actuary, 10X Investments presented at the 10X Retirement Conference 2014 on the topic A sensible and sustainable draw-down strategy in retirement.
While planning for investing in tax savings instruments, you should be focusing on your portfolio asset allocation rather than safety of returns or recent past performance.
How will retirement reform impact your retirement fund by Olano Makhubela10X Investments
Chief Director, Financial Investments and Savings, National Treasury presented at the 10X Retirement Conference 2014 on the topic How will retirement reform impact your retirement fund.
Constructing a sensible pre-retirement plan by Fikile Shezi10X Investments
Fikile Shezi, Employee benefit consultant, 10X Investments presented at the 10X Retirement Conference 2014 on the topic Constructing a sensible pre-retirement plan
This webinar talks about Section 80(C) and its basics, comparison of instruments within this option and how to derive the maximum value out of it, How to choose the best ELSS Mutual Funds - one of the most popular Section 80(C) investments.
Hi Friends,This presentation provides the details about the pension plan and its benefit.You can know now that why pension plan is important for life and in old age.For more details visit here :- www.thepolicykart.com..also you can check cons and pros of this plan also,because many companies provide pension plan,but the executive didn't provide the proper details to them.
There are many benefits available for Senior Citizens to make their post retirement journey merrier. Moreover, right investment choices can make them financially capable to live it up. Let’s have a look at few special benefits & investment options available for senior citizens.
A sensible and sustainable draw-down strategy in retirement by Tracy Jensen10X Investments
Tracy Jensen, Chief Product Actuary, 10X Investments presented at the 10X Retirement Conference 2014 on the topic A sensible and sustainable draw-down strategy in retirement.
Póster de Julián Yepes, de Fundación Pangea, sobre la gestión de riesgo en inundaciones en las comunidades de Buenavista, La Atarraya, La Habana del Municipio de La Dorada - Caldas y San Miguel de Sonsón - Antioquía (Colombia), parte del Bloque 2: Agua, Pobreza y Equidad (Lunes 12 de noviembre)
Retirement: What you need to know to retire successfullyMichael Goodfellow
The financial decisions you make as you ease into retirement will have implications that may be felt, quite literally, for the rest of your life. Retirement is a major life change. Clearly, a fulfilling retirement requires not only financial preparation, but also a clear vision of what kind of life you’d like to lead during retirement.
This is a presentation for Blue Edge Financial Planning for a post on their Facebook page.
It is their Spring newsletter.
You can follow them on Facebook at:
http://www.facebook.com/blueedgefinancialplanning
Common Factors Affecting Retirement IncomeDolf Dunn
People have two very distinct investment periods in their lives, Accumulation and Distribution. Brokers are paid in the accumulation phase, not so much in the distribution phase. Fee-based Financial Planners, like myself, are paid along the way to give our clients great advice in both phases of their lives. Distribution phase is the more difficult of the two to get right. If you do not do proper planning, one risks running out of money before your last breathe. Not to be entrusted to amateurs. I can help, please give me a call.
Whether retirement is many years away or just around the corner we help you plan for the future you want. The earlier you start planning the easier it will be to create the lifestyle you would like.
IBB Wealth has created a guide on planning your retirement.
IBB Wealth are financial advisors who specialise in wealth management for all stages of your life.
We are based in Uxbridge, West London but support clients in Surrey, Buckinghamshire and all surrounding areas.
For advice on retirement planning please visit: http://ibbwealth.co.uk/index.html
IBB Wealth
Capital Court
30 Windsor Street
Uxbridge
UB8 1AB
t: 01895 544 001 / e: info@ibbwealth.co.uk
Find out how you can turn your pension into money you can use. Since 2015 there has been greater flexibility and freedom for people to access their pension savings. Find out more at https://www.tudorfranklin.co.uk
When it comes to planning for retirement, the earlier you start, the more potential your money has to grow. Retirement planning is not simply about paying regularly into your pension and forgetting about it. Instead, it is essential to review your progress against your retirement goals and take account of changes that may affect your plans. For more information visit https://www.tudorfranklin.co.uk
Best Guide For Tax-Savings | Canara HSBC Life InsuranceSamJackson99
Know More About Tax-Savings With This Guide Provided By Canara HSBC Life Insurance. Learn How To Get The Maximum Benefits For A Better Financial Planning
Ultimate Guide For Tax-Savings | Canara HSBC Life InsuranceSamJackson99
Learn How To Get The Maximum Benefits For A Better Financial Planning. Know More About Tax-Savings With This Guide Provided By Canara HSBC Life Insurance.
http://ekinsurance.com/financial/what-are-annuities/
Annuities can be a great way to make your money work, but many people may not understand the risks, rewards, or the workings of their annuities.
Download our latest magazine inside, you’ll find an
array of articles about how we can help you further
to plan, grow, protect and preserve your wealth. As
we all know, the ultimate goal money can buy is
financial freedom
Smart money july august_issue_singles_perOliver Taylor
Financial adviser client newsletters
Client-facing personalised newsletters are an exceptional and proven vehicle for strengthening relationships with clients. There has never been a more important time, especially during this current economic climate, for professional financial advisers to consider the benefits of using a newsletter to communicate with their clients or professional connections.
Client retention and the loss of hard-earned clients
In these post-RDR times, one of the biggest concerns facing many professional financial advisers is client retention and the loss of hard-earned clients to another competitor. To ensure that this doesn't happen to your business, our advice is that you need to do everything possible to stay engaged with your clients and keep reminding them about why they chose you in the first place.
You don't have to waste your valuable time
Goldmine Media do everything for you, so you don't have to waste your valuable time and effort putting your own newsletter together. We take care of the editorial and imagery selection, right through to the print and delivery to you, and can even post each copy directly to your clients with a covering marketing letter in a high-grade polywrap.
Personal finance subjects presented in a clear and engaging way
Our carefully designed newsletters feature your business name, logo (photograph if required), contact details and regulatory statement, and we present even the most complex of personal finance subjects to your clients in a clear and engaging way.
Newsletters are printed on superior-quality paper and are a perfect time-saving marketing channel that will enable professional financial advisers to deliver increased revenues for their business.
1. 10 reasons to invest in a retirement annuity (RA)
Retirement annuities remain a popular investment
vehicle with many South Africans for good reason.
A retirement annuity is a long-term savings vehicle aimed
primarily at people providing for their retirement. To prevent
people from relying on the government to provide for them in
their old age, there are legal restrictions on withdrawing funds
from RAs. But there are also tax advantages to offset the lack
of access to funds. Tax benefits are just one of the ten reasons
that you should consider a retirement annuity:
1. Preparing for retirement
An RA helps you to build up capital during your working years so that you have enough income to
enjoy the same standard of living when you retire.
2. Ensuring sufficient savings
The rule of thumb is that if you save 15% of your salary over 35 years, you will receive 75% of your
salary as a pension, given reasonable returns.
The problem is that your pensionable salary (the amount that your 15% pension contributions are
calculated on) is usually about only 70% of your total salary benefits which include, for example, a
bonus, car allowance, medical aid and other benefits. This means that you could retire on 75% of
70% of your salary!
It is important to save for these ‘extras’ as they do help us meet our current living expenses.
For example: if your monthly package is R20 000, you would need to retire on the equivalent of
R15 000 (75%). But your pensionable salary is significantly less at R10 500 (75% X R20 000 X
70%).
By investing 15% of your non-pensionable income into a retirement annuity, you can make up the
savings gap. A starting point is to always invest 15% of your bonus tax-free into an RA.
3. Tax benefits
You can invest up to 27.5% of your total income (less any amount that may be used for other pension
fund contributions) tax-free. Not only can you invest with before-tax money, but you do not have to
pay capital gains tax or income tax on your retirement investment.
Your investment growth will be higher over the long-term as the growth remains in the policy and
will usually offer you a better after-tax return than other types of saving.
When you retire, you can take one-third of your investment as a lump sum. Of this the first R500
000 is tax-free with a favourable tax-rate for higher amounts. The remaining two-thirds of the
retirement annuity is invested in an annuity to provide you with income during your retirement.
4. The power of compound growth
Because you are saving over a long period, your money starts to work for you as you earn interest
on the interest. If you save consistently over 30 years, less than 35 cents of each Rand of income
you receive will come from the contribution you paid in. The balance will come from the growth
earned on your contributions and savings in retirement.
5. Disciplined savings
You do not have access to your retirement annuity savings until the age of 55. This may sound like
a disadvantage but it removes the temptation to dip into or deplete your savings while you are
working. A 25-year old needs about 15% of his/her salary through their working lifetime to secure an
adequate pension. If they cashed in their savings at 35, they would need to save 25% to get to the
same benefit. Starting from a zero base at 45 requires an incredible 47%! The only remedy here
would be to retire later.
You can reduce your income tax
by contributing towards an RA
before the end of the tax year in
February
2. 6. Long-term growth
As markets fluctuate during different economic cycles, your consistent contributions will average out
this variability. You also draw your pension over a (hopefully) prolonged period. Therefore, what
happens in a turbulent investment market is of less concern to you. The average investment
manager has delivered returns which are 11% above inflation over the last 5 years, despite the
recent global economic crisis.
7. Supporting your dependants
If your dependents are left to cope without you, your retirement annuity can provide a source of
income for those you leave behind, especially if you buy death cover on your policy. The cash
benefit from a retirement annuity falls outside your estate, so if you die and are insolvent, your
benefit is paid to your family rather than your creditors.
8. Room to grow your savings
While pension funds generally require a contribution that is a fixed percentage of your salary, RAs
offer more flexibility. Many people recognise the need to save but struggle in the short term to meet
financial obligations.
A retirement annuity allows you to slowly increase your contributions over time. For example, you
could take 3% from each of your next five years’ salary increases to get to the full 15% contribution.
You can also invest a portion of your bonus each year as a lump sum contribution.
9. Diversified portfolio
You have access to different asset classes in a retirement annuity. You can invest 25% of your
savings offshore without needing Reserve Bank clearance. You can also invest in other types of
portfolios through your RA, such as direct property, private equity and fund of funds.
10. Freedom of choice
With many retirement annuities, you can choose your underlying investment giving you some
flexibility in how your contributions are invested and therefore how they grow.