I like this discussion because I am retiring in 2025. The gentleman talking to Dr Tabane is telling things that I did and experienced during my early professional life. However, I took care to start an extra pension fund (Annuity Retirement Fund) 25 years ago in addition to my statutory pension fund. I advise young professionals to follow my example.
Very insightful but I think the question is Why? Why? Why can’t you choose your own life cover amount ? Why can’t one opt out from a pension fund if they want to? Why are still less Black players in the sector.
Mr Letjane, one of the most black successful pension fund administrator in our country. We need such leaders to give hope to the black child. The guy gave me an apportunity to develop a trust fund administration system when i was straight from varsity. The guy believe in black excellency. Well.done.
I disagree with this comment. You have no idea what these people are doing to thousands if not hundreds of thousands of thousands of every day citizens and I'm talking from experience. It's sad I tell you. Very very sad. Heartbreaking infact
JJ, for the sake of society and the vulnerable, please get people who are experts and/or practitioners in this space. Hopefully, this matter can be addressed adequately, and people who are victims of the pension system can find solutions to their problems.
This 350K pension fund contribution disproportionately favour's the wealthy I'm our society. Very few people can pay 20K out of there salary to a pension fund. Realistically even a 200K limit makes alot more sense.
The problem is most people who are working for government are marrying their colleagues, instead of marrying opposite (business person)so that life will balance after retirement,now I see my ex is heading for mqombothi after cashing it out this 2port. I tried to show him how to catch a fish but stereo type, JJ entrepreneur is to build wealth ntate, plan very well.
The BIGGEST advantage for an Entrepreneur to have a pension is that CREDITORS cannot claim on an individuals pension fund. Put simply if you byisness goes under people you owe money cannot claim on your retirement annuity. Then the other advantages are pretty much the same as an employed person. Tax etc
JJ pleaee get better people to address some these issue. If your employer requires you to have a pension fund you cannot opt out of it. Usually permanent positions come with a prescribed pension while contract employees do not. Put simply, individuals largely do not have the options on whether they participate or not.
I like this discussion because I am retiring in 2025. The gentleman talking to Dr Tabane is telling things that I did and experienced during my early professional life. However, I took care to start an extra pension fund (Annuity Retirement Fund) 25 years ago in addition to my statutory pension fund. I advise young professionals to follow my example.
So good to listen to Wiseman
Very insightful but I think the question is Why? Why?
Why can’t you choose your own life cover amount ?
Why can’t one opt out from a pension fund if they want to?
Why are still less Black players in the sector.
Mr Letjane, one of the most black successful pension fund administrator in our country. We need such leaders to give hope to the black child. The guy gave me an apportunity to develop a trust fund administration system when i was straight from varsity. The guy believe in black excellency. Well.done.
I disagree with this comment. You have no idea what these people are doing to thousands if not hundreds of thousands of thousands of every day citizens and I'm talking from experience. It's sad I tell you. Very very sad. Heartbreaking infact
JJ, for the sake of society and the vulnerable, please get people who are experts and/or practitioners in this space. Hopefully, this matter can be addressed adequately, and people who are victims of the pension system can find solutions to their problems.
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This 350K pension fund contribution disproportionately favour's the wealthy I'm our society. Very few people can pay 20K out of there salary to a pension fund.
Realistically even a 200K limit makes alot more sense.
Wonder why they refused to allow us to take money to settle our debts,bonds but they came with two pots..protecting who's interest?
The problem is most people who are working for government are marrying their colleagues, instead of marrying opposite (business person)so that life will balance after retirement,now I see my ex is heading for mqombothi after cashing it out this 2port. I tried to show him how to catch a fish but stereo type, JJ entrepreneur is to build wealth ntate, plan very well.
The funds must build factories now😂
The funny thing is to make decisions without consulting the owners of the funds..their laws are not address our situation
The BIGGEST advantage for an Entrepreneur to have a pension is that CREDITORS cannot claim on an individuals pension fund. Put simply if you byisness goes under people you owe money cannot claim on your retirement annuity.
Then the other advantages are pretty much the same as an employed person. Tax etc
If you wanna know anything about the man and Akani the pension fund, ask the customers and you will be traumatised.
I am interested to know what is happening with them? But you are not explaining.
@thabodlamini9306 youtube is a public platform, the information is all over the place and you should be able to find it with a little bit of homework
JJ pleaee get better people to address some these issue.
If your employer requires you to have a pension fund you cannot opt out of it. Usually permanent positions come with a prescribed pension while contract employees do not.
Put simply, individuals largely do not have the options on whether they participate or not.
Thank you for sharing your opinion on the subject
This guy giving advise sounds like a 70 year old without a pension .
Hai JJ can't make it past 10min.
Your guest seems to only grasp the elementary information.
Akani is the worst pension fund out there 😢
The first thing that appears in a payslip is tax not retirement incorrect statement
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