LATEST UPDATES

FUND NEWS

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 Dear Member

In terms of Paragraph (2)(d) of Regulation 37 of the Pension Funds Act, 1956, it is a requirement that (in relation to the CMPF) default investment portfolios, i.e., the “life stage” model) “all fees and ...

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"Two Pot" Retirement System update

6th Dec 2023

By Laylas

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In this newsletter, we inform you about the latest developments regarding the proposed “Two-Pot” retirement system.

As you know, toward the end of October 2023, National Treasury proposed delaying the implementation date to 01 March 2025. However, ...

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Housing Loan Interest Rate Announcement

26th May 2023

By garydekock

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Housing Loan interest rate announcement

 

On 25 May 2023, the South African Reserve Bank announced their decision to increase the repo rate to 8.25%, up from 7.75%. 

 

This means that, based on the current repo rate, the interest rate ...

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Housing Loan Interest Rate Announcement

2nd Feb 2023

By GarydeKock

 Average Rating

Housing Loan interest rate announcement

 

On 26 January 2023, the South African Reserve Bank announced their decision to increase the repo rate to 7.25%, up from 7%. 

 

This means that, based on the current repo rate, the interest rate ...

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Housing Loan Interest Rate Announcement

25th Nov 2022

By GarydeKock

 Average Rating

Housing Loan interest rate announcement

 

On 24 November 2022, the South African Reserve Bank announced their decision to increase the repo rate to 7%, up from 6.25%. 

 

This means that, based on the current repo rate, the interest rate ...

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Housing Loan Interest Rate Announcement

1st Feb 2022

By Laylas

 Average Rating

Housing Loan interest rate announcement

 

On 27 January 2022, the South African Reserve Bank announced their decision to increase the repo rate to 4%, up from 3.75%. 

 

This means that, based on the current repo rate, the interest rate ...

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Notice of Alexander Forbes Scam

19th May 2021

By octouser

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Housing Loan Interest Rate Announcement

24th Jul 2020

By Laylas

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Housing Loan interest rate announcement

 

On 18 November 2021, the South African Reserve Bank announced their decision to increase the repo rate to 3.75%, up from 3.5%. 

 

This means that, based on the current repo rate, the interest rate on ...

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Temporary Relief For Living Annuities

12th Jun 2020

By octouser

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COVID-19 CRISIS

TEMPORARY RELIEF FOR LIVING ANNUITIES

 

Dear Living Annuitant

The coronavirus (COVID-19) pandemic has caused widespread concern and economic hardship for South Africans and for people globally. To help lift your burden, we sent you a communication piece ...

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Housing Loan Interest Rate announcement

21st May 2020

By Laylas

 Average Rating

 

Housing Loan interest rate announcement

 

The South African Reserve Bank, today, announced their decision to decrease the repo rate to 3.75%, down from 4.25%. 

This means that, based on the current repo rate, the interest rate on housing loans ...

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