In this newsletter:
Benchtest 03.2014, can money be transferred from a retirement annuity to a pension fund, Namfisa is embarking on a new fund inspection mission and more...
RFS staff movements
An inspection for the sake of carrying out an inspection without reference to any of the above reasons is ultra vires. Unfortunately the ‘lonely’ fund being confronted with such very short notice is placed in a very difficult position.
“Technological developments have proven that the impossible is in fact possible and medical advancements have made it possible to push the limits of the imagination. Because of this, we need to challenge our current thought patterns and ask ourselves if our current views are really becoming outdated; particularly when it comes to investment and saving towards retirement… It is expected that children who are born from 2033 could live beyond 400 years old. We have already identified more than 60 genes responsible for our aging, and there is enough evidence to suggest that living for thousands of years is possible… This poses a challenge financially and psychologically, and places a different perspective on how you plan your life. If we believe that retirement is invalid as a concept and that we should retire when we cannot work anymore, perhaps our planning process will change. How much we accumulate and need to accumulate changes and how we invest changes…”
Read the full article by Felicity Duncan in Moneyweb of 10 April 2014 here...
Read the full article by the Editor in Ventures Africa of 23 March 2014, here...