Wealth Management
Jenny Williams Senior Servicing Consultant _______________________________________________________ Considerations of a long-term well-structured retirement portfolio – Part 2 What is the appropriate construction of an investor’s retirement portfolio – and debunking some common investment myths Last quarter we covered the structuring of retirement portfolios as the first in a three-part series. This quarter sees us analysing the difference between pre – and post – retirement portfolio construction. We also analyse some investment errors we see fairly consistently. Considerations and pitfalls of portfolio construction within a retirement portfolio which may still be many years from retirement When considering assets related to retirement savings, many investors, regardless of their age, immediately revert to an orientation of preserving capital at all costs, favouring this conservatism over a bumpier investment ride up to, and into retirement. Ironically, this primary decision often undermines the... Read More
The Two-pot retirement system
Sabir Bacus Senior Benefit Consultant _______________________________________________________________________________________________________ The imminent Two-pot retirement system and how it will affect retirement planning The media has been awash with articles and opinion pieces regarding the proposed Two-pot retirement system. In addition to the media focus on early access to retirement savings (through which Government is attempting to assist members in financial distress), it is also important to understand the balance of the draft legislation which has been introduced to limit the continuous consumption of retirement savings (in occupational pension and provident funds) each time a member exits a fund. A large proportion of fund members who resign before retiring opt for a cash withdrawal benefit. The continuous cashing in of retirement savings upon resignation, over a member’s working lifespan, will see their retirement savings assets dependent only on their last membership before their... Read More
