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As a central knowledge portal to the retirement and related industries, EBnet publishes a range of daily articles submitted by a range of industry organisations, experts and contributors. Readers can also comment on and contribute to articles.

Given the low national savings rate and slow market growth both locally and internationally, it should come as no surprise that National Treasury calculates that only around 6% of South Africans are on track to retire comfortably. Against this backdrop, it is crucial to start saving towards one’s retirement as early as possible.

“While many of us look forward to the day we are able to retire, retirement is not always as easy as we imagine it to be,” says Walter van der Merwe, CEO of Fedgroup Life. “When you retire, you often suffer a loss or reduction of income, but daily expenses remain and gr...

Independent South African financial services provider, Fedgroup, was recently awarded a tender issued by ARGEN Actuarial Solutions to administer four liquidated unclaimed funds, totalling R180m. ARGEN is an expert in the liquidation of retirement funds and it went through a selection exercise to select an ideal unclaimed benefit fund to house the benefits of untraced members in four of the retirement funds it recently liquidated. 

The funds are IF Umbrella Pension and Provident Funds, and Dynam-ique SA Umbrella Pension and Provident Funds. Individuals who were members of those funds are encoura...

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