Retirement reforms: what impact will they have on your provident fund?
11 March 2021
Regardless of your type of retirement fund, you will now only be able to receive one third of your retirement savings as a lump-sum payment.
8 min read
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Saving for South Africa is an Investec initiative that was born out of the necessity to drive the conversation around savings in South Africa. Specifically, we ask what saving means for South Africans and how savings can change a country.
A crucial part of the conversation is the need to start talking about creative ways for people to augment their savings through a second income stream – the side hustle. How can a side hustle add to your income and savings – thus helping yourself and the country? The current stories covered in our series unpack these questions and more.
René Grobler - Investec Cash Investments head
Prof. Adrian Saville, Maya Fisher and Dr. David Rosenstein talk about mental and financial resilience.
The Savings Index is devoted to stories of transformation and change, stories of countries, communities, and families that make the journey from "poor" to "prosperous". These are not stories of miracles that peddle in false hope or that are filled with naive optimism. The cases covered deal with common problems, common ingredients, and examine how ordinary places become extraordinary. Can finding new income streams contribute to increased savings? Find out more by downloading the report.
The Investec GIBS Savings Index aims to unpack the real facts about South Africa’s decline in savings and create an aspirational benchmark for savings in South Africa.