Preservation funds: Which one’s the best and why can’t I access my money?
Asset managers have a fund for each likely objective while pension preservation and provident preservation funds have different rules for withdrawal of funds
Q: Please, if you can advise, which is a better preservation fund out of the following: Sanlam, Alexander Forbes, 10X or Allan Gray — S Magagula via e-mail. A: Ian Beere CA (SA) CFP®, MD & wealth manager at Netto Invest responds: There are no wrong or right answers to this, but I hope to provide some understanding. When transferring your pension or provident credit to a preservation fund, there are three things to determine.
Who am I happy with to be my administrator?..
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