Is your business ready for pension fund reforms?
Current pension reform, busy being promulgated by government, are designed to ensure better savings for all employees going into their retirement. With current low retirement savings occurring in the market place, only 6 – 10% of all South Africans will be adequately prepared for their retirement.
Will you be ready for reform when it occurs?
If not, will you and your employees be happy to join a government sponsored pension fund scheme?
If you have a current pension fund scheme, are you happy with the service, price and product that you’re receiving? Do you understand what you are paying for and are you and your employees getting value for money?
Do you want a second opinion from someone interested in developing the long term relationship that your business deserves!
As we roll into 2016, and with competition for customers becoming more difficult, this is now the time to motivate your staff to go the extra mile. Show your staff that you care for them and that you value their contributions to your business growth, by offering them life, retirement and value added benefits.
Why not be proactive and join Liber8 Smart – from Liberty Life.
Looking after your employees’ present and future needs need not be complicated.
Liber8 Smart is designed for employers who want the right investment plan for their employees, within a simple and cost-effective retirement fund solution that includes innovative life and disability cover. This allows your employees to live their lives safe in the knowledge that they are empowered to invest for retirement and that their families are financially protected.
As an employer, you play a pivotal role in the financial lives of your employees. With an employee beneit solution that is simple to use and understand, our aim is to assist you in protecting their financial future, thereby ensuring that both you and your employees can live life to the full.
Let me come meet with you for 30 minutes, to understand your unique business requirements and design a custom pension plan to fit your needs.
What is a Will and why do you need one?
A Will is a legal document that leaves instructions about what you want done with your personal possessions and property (your estate) when you pass away.
Creating a Will makes sure that your wealth is taken care of and that your assets are distributed according to your personal wishes. If you do not have a Will, legislation will determine how your assets are distributed.
What does your Will cover?
It includes all your assets, your home, any land you own and any other form of property, as well as your cash equivalent assets: stocks, bonds, and unit trusts not held in a retirement annuity etc. If you have foreign assets, speak to your nancial adviser or broker for guidance on how to include them in your Will.
What does your Will not cover?
When taking out certain products, you may be asked to name a bene ciary(ies). When you pass away the proceeds from those products will be paid directly to the bene ciary(ies), therefore avoiding your estate. Examples of such products are:
I'm offering you the opportunity to meet up, to assist you with drafting a new will, or to update your existing will (you should do this every 2 years or when circumstances change).
This is a story of Jack and Jill
Jill starts investing when she’s 20. She invests R1 000,00 per month with an annual escalation of 10%. She continues investing until she’s 30. She then stops investing and collects her investment when she retires, at 60.
Jack only starts saving at 30 years of age, when Jill stops. He also saves R1 000,00 per month with an annual escalation of 10%. He continues saving until he is 60 and collects his investment when he retires.
Who gets the bigger payout at retirement?
Jill gets R 4 066 666,75 while Jack gets R 2 260 488,00.
I'm a Life-First financial adviser looking to develop long term relationships with my clients.