Invest in our uniquely designed low-cost Core Retirement Annuity
South Africa has one of the highest cost bases for retirement savings in the world. Layers of administration fees, management and platform fees eat up a significant portion of your investment returns. That’s why we bring you the Core Portfolio, a low-cost retirement annuity (RA) solution based on life-stage investing.
Application is via Absa online (AOL), Here you can also manage your debit orders you set-up, view statements online and perform a review on your current retirement inputs.
Transfers from other approved Pension, Provident and Retirement Annuity Funds to the Core RA are done manually by filling out the transfer sections of the manual application form and sending it to firstname.lastname@example.org.
These are transferred free of tax per current legislation.
of retirees will not have enough money to maintain living standards