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Guaranteed annuity is the better option for most retirees, says Actuarial Society
Pensioners are sacrificing the certainty of a lifetime guaranteed income in the hope that some capital will remain for a loved one when they die.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read morePensioners are sacrificing the certainty of a lifetime guaranteed income in the hope that some capital will remain for a loved one when they die.
One of the unforeseen consequences could be the premature acquisition of rights.
High Court weighs witnesses’ testimony to decide whether a husband did, in fact, predecease his wife and beneficiary.
The Pension Funds Adjudicator recently ruled that a death benefit was distributed fairly although one of the beneficiaries was not financially dependent on the deceased. “The entitlement stems from the fact that the […]