Image
Icon

Directory

IconActuaries
IconAssociations & Institutes
IconAuditors
IconBBBEE Consulting and Verification Agencies
IconBenefit Administrators & Investment Managers
IconBusiness Chambers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconDebit Order Collection Facilities
IconEducation and Training
IconFAIS
IconHuman Resources
IconInformation Technology and Software Partners
IconLegal
IconOmbud
IconPension Fund Adjudicator
IconPension Fund Trustee Liability Insurance
IconPension Fund Trustee Training
IconPolicy Administration
IconPolicy Trading
IconPublications
IconRegulatory Authorities
IconRetirement Funds registered by the FSB
IconRetirement Products
IconSocial Grants (Government)
IconSurveys and Research
IconTraining Courses & Workshops
IconTrust Establishment & Management
IconWellness Programs
Image
  Subscribe To »

Retirement Funds – Weathering the Storm

Published

2017

Tue

04

Apr

The recent decision by Standard & Poor’s (S&P Global) to downgrade South Africa’s sovereign credit rating to “junk status” has caused panic among retirement fund members. Importantly though, one should consider how this impacts on one’s plan to retire comfortably.

Mathias Sithole, Head of Public Sector and Corporate Consulting at Liberty Corporate says “Saving for retirement requires a long-term focus, often 20 to 30 years into the future. Recent market volatility highlights the importance of developing an investment strategy that should target long-term goals while being robust enough to withstand short term market fluctuations. It is imperative to remain objective and avoid “short-termism” and knee jerk reactions when making investment decisions.”

For retirement fund members, an appropriate investment strategy, such as a life stage - model, would have allowed the individual to de-risk into a more conservative investment strategy to reduce exposure to market fluctuations.

Sithole concludes by saying that “In times of market volatility like we are currently experiencing, it is therefore important to go back to basics. Consider your long-term objectives, develop an investment strategy to help achieve these objectives and avoid making rash investment decisions based on emotions and market sentiment.”

 
Source: Brunswick South Africa
 
« Back to previous page Print this page » |
 

Breaking News »

Why I love FAIS

By Tamara Jacobsen: Director- Applied Learning Academy The provisions of the Financial Advisory and Intermediary Services Act, 2002 (FAIS) have been in place for more than a decade now. Financial advisors, ...
Read More »

  

CPD Revisited

A reader recently wrote: I provide training on behalf of a registered medical scheme to accredited brokers on medical scheme benefit options, underwriting and processes. I recently attended a broker training ...
Read More »

  

Twin Peaks making grim progress

In the early days of “The Pill” the UCT rag magazine, Sax Appeal, reported on a new book by the Pope titled: “The pill’s grim progress. ” No doubt, the same scepticism accompanies ...
Read More »

  

A thriving organisational culture drives employee engagement

Article by Dr Dicky Els, Lead Independent Consultant and Jene Palmer, CFO at CGF Research Institute Culture shapes the wellness of individuals, businesses, communities and nations. Although ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Short-term »

Advertise Here
Image
Image
Image
Image
Advertise Here

From The Glossary »

Icon

Foreign Funds:

Foreign funds invest at least 85 percent of their assets outside South Africa at all times.
More Definitions »

 
 
By using this website you agree to the Terms of Use.
Copyright © Stoker Risk & ICT (Pty) Ltd 2004 - 2017.
All Rights Reserved.
Icon

Advertise

  Icon

eZine

  Icon

Contact IG

Icon

Media Pack

  Icon

RSS Feeds