Data provided by McGregor BFA
All data is delayed
Loading...
See More

Regulation 28 query

Nov 20 2012 16:34

Related Articles

Retiring in comfort

RA: a good option close to retirement?

Am I on the right investment track?

Retirement strategy for an expatriate

Is a switch sensible?

The power of compound interest

 
A Fin24 user writes:

Why will they not allow flexibility on Regulation 28 on younger investors?

Danelle Esterhuizen, legal specialist, senior market advice & support at Sanlam, responds:

This is a very valid question.

I am sure more people would prefer freedom of choice to the maximum level within their retirement money, but unfortunately we need to comply with regulations.

Thus all investors are only allowed to put a maximum of 75% in shares in retirement funds, irrespective of their investment horizon.

- Fin24

Disclaimer: Fin24 cannot be held liable for any investment decisions made based on the advice given by independent financial service providers.

Under the ECT Act and to the fullest extent possible under the applicable law, Fin24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.

* Do you have a pressing financial question? Post it on our Money Clinic section and we will get an expert to answer your query.





 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

investing  |  retirement  |  money clinic
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

ANCYL: Not voting would be blasphemy

Not voting in the forthcoming elections would be blasphemy, the ANCYL says in a statement commemorating the 50th anniversary of struggle icon Nelson Mandela's Rivonia trial speech.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...