Dear Pension Fund Member
As the season changes and our weather becomes warmer, I could not help but think of the different seasons we go through as we grow older.
For each season we need to plan for different things, paying our bonds and other expenses, paying school fees and off course, planning and saving enough for our retirement. As always, we are here to provide you with the assistance in this planning process.
Currently we are running our general financial education sessions. These sessions focus on:
• Understanding the basics of setting and tracking a financial plan through understanding debt and budgeting.
• Discussing the impact of changing jobs and taking fund benefits as cash, as well as the different options available to members on what to do with their fund credit.
The remaining sessions are as follows:
APK 26 September Madibeng Building Council Chambers 10:00 to 12:00
APB 25 September B Blue 9 10:00 to 12:00
SWC 27 September Room E103, Ellen Kuzwayo Building 10:00 to 12:00
Please make an effort to attend these sessions – I trust that you will find them valuable.
Following my previous news snippet, I have received several requests on how to change your investment portfolio. I have therefore attached the latest investment switch form as received from Alexander Forbes. You can simply complete the form and submit it to Alexander Forbes by e-mailing it to the e-mail address on the form. My apologies for any inconvenience caused previously as it appears that there was some confusion at Alexander Forbes regarding which form was to be used.
Please note you can change your portfolio selected at any time, but if you change this more than once a year, you will pay an administration fee.
I also take this time to remind you that you should discuss your options with your Financial Planner. If you do not have a financial planner, we have an advisor visiting each campus once a month – you can contact Fairuze Morgan on X4877 to make an appointment to see him.
As communicated early this year, we have made more LifeStage related portfolios available for you – these portfolios aim at matching your pre-retirement investment strategy to that which you will be investing in after retirement. The question you have to answer is what will I do when I retire? What type of annuity will I purchase? Where / When do I start planning this future?
We believe that our information and financial planning sessions will assist you in this process, but we require your assistance to determine if we are on the right track. Please complete a very short 4 question survey by clicking on this link https://docs.google.com/forms/d/1Y562pkPcY4Jgvd5-qE5nYRIrYrJEvGr8bWVrVL2gru0/edit
Thank you for your assistance!
UJ Switch Form-2018-09-13