Able Retirement & Pension Plans Services
Able Financial Services is an Authorist Financial Services Provider – FSB Lisence No 17107
Meet Koos. Marx,
The Principal, Able Finanancial Services (NQF6: Investments), with more than 19 years relevant experience in the Investment industry. Apart from the fact that he is licensed with the Financial Services Board, he subscribes fully to the general code of conduct that has the clients’ best interest at heart.
RETIREMENT-PLANNING
Questions and Answers to this sensitive subject.
First of all, there are three elements for retirement planning
1- Pre-Retirement Planning
2- Retirement
3- After- Retirement
Main question, at what stage should I begin with Retirement-Planning?
Can I do it on my own?
Who can I trust with my retirement savings ?
Most people spent many hours trying to find out what pension plan or fund is the best, the most important step should be , to discover the best Financial Advisor, let him show you the best pension funds there is, after all, Able Financial Services is doing this job for nearly 19 years. Why not trust them with this important task?
At Able Financial Services, we always inform our clients that we do the job while they enjoy their retirement.
The next step we recommended: SMS “retirement planning” to 072 340 4859, or connect to g.smith@ablefin.co.za ,we will call you, let as meet face to face.
If you wish to read more on this page, feel free to do it.
PlanningRETIREMENT
You are confronted with different types of retirement plans.
Every one of us wants the best pension plan to secure a peaceful retirement for many years to come.
Let us take you through your planning for retirement.
If you need to ask any questions we will be happy to answer it via Facebook, twitter or linkedin.com, or sms “ retirement ” to 072 3404859 to be called back.
Feel free to ask your questions in Afrikaans
Questions mostly asked:
What is the difference between a pension fund and provident fund?
What is a living annuity?
What types of living annuities are there?
Can I choose my own monthly income?
Can I loose my capital?
Must I invest in a retirement annuity?
What is the tax implication?
Will the “ Proposed National Social Security Fund ” effect my pension plans?
Retirement Annuities
Important questions mostly ask when invest in a retirement annuity:
- What is the actual cost when I invest with a company?
- What is the actual return over the investment term? ( average return versus inflation)
- What to do if not satisfied!
Able Financial Services, specialises in proving what is going on in the retirement and pension investment environment , that is the main reason why most of our clients are at ease while we do the job and they enjoy their retirement.
To answer some of your questions;
1- The initial fee can be up-to 5% at most investment companies, our recommended company there is none initial fee.
2- Most companies give you between 4% – 7% on average return (average inflation 8%)
What are we doing!
1- We assist you with proven statements.
2- Personal contact
3- Professional interaction and communication
4- Quarterly reports
5- Long history of excellence.
6- Recommended Company the biggest Private fund Managers in South Africa.
7- New legislation ( Sec 14 Pension Fund Act) allows us to transfer your retirement annuity to any other Fund Manager.(company)
What makes us the best!
Our average return (history) over longer periods were above 12%, take in account the economic situation, etc.
Comparisons show between different companies is based on actual facts;
At no extra cost to you as a customer, that can influence your investment.
What happened with most of our clients, when investing R200.00 monthly with company that performs at 5% annual return over twenty years, with 10% premium increase each year, compare with the company we recommend.(inflation 8% )(proven statements)
Current premium R723.00 per month
Company A – actual return R138,519.00
Our Company recommended – actual return R451,421.00
The following investments are from clients under our management.
A- Client invest on March 2004, R231,000.00 with us.
Current value of investment R757,000.00, that means an 15,16% return on their original investment.
B- Client invest R773,000.00, in May 2004, current value of investment R1,930.00, return on their original investment 16,54%
For your no obligation appointment contact or subscribe g.smith101@vodamail.co.za or sms “ retirement planning ” 072 3404859. We call you.
Furthermore he is always available to clients.
PRODUCTS AND SERVICES
- Pre-Retirement (retirement annuities)
- Post-Retirement (living annuities)
- Preservation Fund (pension and provident)
- Life Insurance
- Short-term insurance(personal and commercial)
- Financial planning
- Will
- Solutions for Retirement
- Retirement Solutions
CONTACT US
- Please sms “ retirement planning ” to 072 340 4859
(Administration Manager) 072 340 4859 ( g.smith101@vodamail.co.za.)
Retirement and Pension Planning Services.
WHAT IS A PENSION? plan, fund, schemes!
Which pension scheme or what retirement plan is the best for my risk profile?
HOW DO I PLAN FOR RETIREMENT?
Retirement and Pension Planning,
The stage where you must sit down and decide what is pension, investment planning and retirement planning and what to do with your pension money saved over many years How to ensure a peaceful retirement with enough income without affecting your day to day lifestyle negatively. This is an extremely critical decision for you and your wife as your future depends on it. Uncertain about which pension fund or what pension scheme is the best option for you is natural.
It is a decision to be taken wisely and you need the help and assistance of a Financial Adviser who has a good track record of planning pension and retirement . A financial adviser who has knowledge of the influence pension tax (tax on pension) and overall expenses will have on your pension plans.
WHICH PENSION FUND OR RETIREMENT SCHEME – RETIREMENT SOLUTIONS.SMS ” pension” 072 340 4859
Questions one should consider are; what pension fund? What retirement fund? Which pension plans? Which pension scheme or new pension scheme? What about my retirement annuity? Which to choose; a living annuity or traditional pension fund? The difference between a company pension scheme and private pension scheme!
Overall which retirement schemes will suits my profile!
Most of all what effect the tax on pension will have on my pension fund and income. (let as do the tax calculation for you).(sms “ yes “ 072 3404859
RETIREMENT WITHOUT RISK – Sms ” pension ” 072 340 4859
By comparison: should you want to travel from Pretoria to Cape Town, you need a reliable vehicle to ensure your safety on arrival. There are plenty of road signs warning you to drive safely for instance sharp turns of road, etc. The same can be said for retirement and pension planning, there is no shortcut for making quick money (pyramid schemes): Able Financial Services, for your retirement and pension planning is undoubtedly the best vehicle to use for a carefree and stable retirement.
WISDOM AND KNOWLEDGE – sms ” pension” 072 340 4859
Both wisdom and knowledge are necessary to manage our customer’s pension and retirement portfolios. Recently, one of the Pension Fund Managers we use was once again, awarded the number one position in South Africa by the Flexcrown Grading Company as mentioned in the national media on 3 May 2011.
EXPERIENCE AND KNOWLEDGE – sms “pension” 072 340 4859
Our main goal at Able Financial Services is ensuring above-average returns on our pension investments and savings without unnecessary risk. The results is always far better when financial planning considers all factors on the medium and long term when saving your pension funds.
COMPARISON
We always love comparing retirement and pension investments with horse racing, did you ever see the current winner as the winner for the next 10 years?
We only choose those companies with a good track record achieving above market returns over longer periods.
The Private Fund Managers, we recommend always work on a certain criteria (model) and for 35 years they stick to their winning model. That is why everyone in die insurance and investment environment see them as the leader administrator pension fund managers in South Africa.
Saving money to ensure capital growth is a day to day responsibility and cannot for one day be neglected.
COST – IT IS NO JOKE! – sms “retirement ” 072 340 4859 – g.smith101@vodamail.co.za
The company we recommend will charge you no initial fees , this will result in a greater positive return on your retirement and pension fund investment!. You save money from day one you invest with this company.
RETIREMENT EXAMPLE
When we recommend long term investments it is done in good faith and confidence because of the following scenario.
Investing R100 000 in 1974 with this Pension Fund Managers, the current value of your investment would be R287 000 00 (R287 million) in 2011. Incredible!
WORKSHOPS
We do workshops for groups (schemes for retirement and pension as an group, new generation structure of products and cost) just forward your contact detail and indicate the size of the group of employees who need a new look at pension schemes, especially pension schemes with an above average growth over many years.
ADVICE AND PERSONAL INFORMATION
To give proper advice to our customers, we would need the following information from you
- Present age (retirement age)
- Retirement and pension package
- Outstanding home loans or other debts
- Available capital
- Dreams and wishes (e.g. overseas trips; new cars. etc.)
REFERENCES. Sms ” pension” 072 340 4859 – g.smith101@vodamail.co.za
Able Financial Services will gladly provide you with a list of satisfied clients as reference. We are extremely proud of what we achieved by managing our customers portfolios.
WHAT DOES THIS ENTAIL
- Thorough financial planning
- Choice of suitable pension and retirement fund managers
- Capital preservation (retirement and pension funds )
- Above –average returns
- Investment choice (retirement annuity, private pension fund, new pension and retirement schemes, retirement friendly retirement tax.
- Pension Calculator
- Risk diversification
For a carefree retirement contact us and enjoy the ride with our vehicle and make it your own. We at Able Financial Services know all the road signs in the financial world, warning about to much risk or taking no risk at all.
CODE OF CONDUCT.
The credo of Able Financial Services promises the following to clients
- Integrity
- Suitable, reliable advice
- Communication with clients(feedback)
- We promise peace of mind.
HOME
Meet Mr. Marx, the Principal (NQF6: Investments), with more than 19 years relevant experience in the Investment industry. Apart from the fact that he is licensed with the Financial Services Board, he subscribes fully to the general code of conduct that has the clients’ best interest at heart.
Furthermore he is always available to clients.
PRODUCTS AND SERVICES
- Pre-Retirement (retirement annuities)
- Post-Retirement (living annuities)
- Preservation Fund (pension and provident)
- Life Insurance
- Short-term insurance(personal and commercial)
- Financial planning
- Will
- Solutions for Retirement
- Retirement Solutions
CONTACT US
- Please sms “ pension” to 072 340 4859
(Administration Manager) 072 340 4859 ( g.smith101@vodamail.co.za.)
NEEDS
- Retirement: yes/no
- Investment : yes/no
We at Able Financial Retirement Planning offer many possibilities and are one of the best places to inform yourself about your options.
When plan your retirement in, South Africa at retirement age, investment in retirement needs sound planning for saving and securing your money.
Able is ready to assist you with your plan in retirement.
We also do,
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Retirement And Pension Planning Services
14 Apr 2011 by allanduff
I much prefer the Allan Gray RA, which is much more transparent in terms of the costs, and their profit is set against a benchmark performance – as opposed to just taking a percentage off all growth as the Liberty policy does. Unfortunately the Liberty … As I see it, the issue is around whether or not it is worth taking a (substantial) penalty on a life insurance-based retirement annuity to do a Section 14 transfer to a unit trust retirement annuity
Transfer Pension Fund – Call Able Financial Planning Services – sms ” transfer ” to 072 3404859 we call you
Retirement and Pension Planning
What to do and what not to do
Not taking retirement planning seriously
This very well could be the biggest mistake a person can make about his/her retirement plan. Even if you are a very young person, your retirement plan should be a serious priority .By starting early, you can grow quite a large nest egg just be able to retire early.
A lot of people feel they have plenty of time to worry about retirement planning once they have their home, children through college, the new Hummer, and so on.
My answer to these people is to think about the style they might want to keep once the pay check stops.
Bottom line is to take your retirement planning efforts seriously, diversify your investments, save regularly and keep your coals in mind.
Once you have a plan in place, you think you are done – right?
Sorry, but nope.
Important points:
Relying on your spouse retirement plan
Forgetting to review your retirement plan regularly
Practicing poor asset allocation
Not Checking out your broker/financial advisor
Reviewing your retirement plan
A Comprehensive review of your retirement plan every few years is almost as important as having a retirement plan. What you save for retirement is one of the most important financial challenges you might face in your lifetime so make sure you review and monitor it often.
Retirement Goals
Do the goals you originally set still apply?
Do you still plan to retire at the age you first decided upon? Has an illness or some life event changed your retirement goals? Are your investments growing in a manner to finance your retirement goals?
You might to re-evaluate you goals or set some new ones because changes are constantly being made in your life.
Personal Finance
Is your income more or less than when you originally set up your retirement plan? Do you have additional income to invest from your second job or your spouse job?
Do you have bankruptcy or had to make major purchases in the past few years that might affect your retirement plan? Do you have children in college that might dip up into your retirement funds? Personal use? Your circumstances at any given time will dictate what you can put back for your retirement.
Able Retirement and Pension Planning
Sms “ retirement” to 072 3404859, we call you back.
- The Pension Fund Act regulates pension funds as well as provident funds.
- When the employer and employees get into agreement to implement one of them it is compulsory to all employees. a fund of them there has to be agreement between employer and employee, once the fund is introduced to a company all new people must join the fund but existing staff have a choice to join the fund or they are given a period to join, so in other words it is compulsory. Pension fund is tax deductible up to the maximum of 7.5% of the employee salary, where provident fund is not tax deductible, however in both you can have a maximum of 20% contribution. Provident fund one can withdraw their funds when they leave the company they work for while pension fund they have to keep to at least age of 55. Provident fund you can withdraw the whole amount and pension fund maximum of 1/3 on retirement and the rest 2/3 paid as annuity where the first 315 000 is tax free and the rest is taxed as per the lump sum taxation table on retirement, the annuity you receive can be annually, bi-annually, quarterly or monthly and it will be taxed as per the tax tables as if you are receiving a salary and people over age 65 get an extra rebate of R6015 pa, people over 75 get anther R2000 on top of that as well.Of course having any fund is a benefit to your members, it makes sure that their families are taken care of in case of death, disability, terminal illness as well as retirement as often family members go to the employer asking for money. It also helps with retention of staff. It makes sure people will have money when they retire. These corporate benefits are structured to suit every need of a company and it’s employees, there can be created different tiers of people, benefits, funds and so on. There is always a medical free limit which means that you can get people on the fund that generally will have a loading or won’t be accepted by a life assurance company. The money that the employer contributes are also tax deductible as it is seen as cost incurred in production of income. A fund can be implemented at any stage, presentation can be done in front of all the employees and then they can be advised individually. Government is working on making retirement funds compulsory so in the next 2-3 years you as a company will have to have corporate benefits and why wait until then when you can do it at an earlier stage and avoid last minute rush? So it only makes sense to introduce a fund.From next year the maximum tax deductible contribution will be increased from 15% to 22.5% across all retirement funding, reason for it is that not many people save for retirement.
Able Financial Services believe in doing things differently, if you need any questions to ask we be more than happy to visit and explain the difference between pension fund and a provident fund and what to do with the insurance for life and disability cover.
