IOL Money - March 2022

TWO-POT PENSION SYSTEM 'WILL BOOST PEOPLE’S RETIREMENT SAVINGS' Having submitted its reaction to National Treasury on the latter’s proposed two-pot pension savings proposal, the financial services industry was given little further clarity on the issue in Finance Minister Enoch Godongwana’s Budget last month save that it was under consideration.

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IOL Money - March 2022

Published on Mar 9, 2022

Independent Media Digital Magazines

YOUR BENEFITS AS AN EMPLOYEE It’s very likely, if you work for a big company, that your employer rewards you with much more than just a salary. Your total cost-to-company package will probably include contributions to a retirement fund, subsidised medical scheme cover and group life and disability cover, and may include more. Do you know the full extent of your benefits, and how to fit them into your financial planning? And what legislative changes are on the cards for members of retirement funds, who tend to cash in their retirement savings when they change jobs instead of preserving them for retirement? For a better understanding of these issues, read or download the March 2022 edition of our free monthly IOL MONEY digital magazine.

Articles inside

IOL Money - March 2022

Articles inside

FROM THE EDITOR

Fact File: Inflation and interest rates

You, your employer and your retirement fund

When companies fold or merge, what happens to your retirement savings?

Understand the employee benefits your company offers you

Important contacts and links

Planning Perspectives with Palesa Tlholoe

Two-pot pension system ‘will boost people’s retirement savings’

Covid-19’s impact on the employer-employee relationship