Old Mutual retirement fund warning

[Shaun Jacobs]

Old Mutual retirement fund warning

There are a growing number of South Africans using retirements funds under the new two-pot system to generate better returns on their emergency savings. However, there are big problems with this strategy.

 

[Pegging]

The problem being that OM are losing out on the MASSIVE fees they charge you for the kuk returns they give you.

 

[Hemi300c]

The problem being that OM are losing out on the MASSIVE fees they charge you for the kuk returns they give you.

I've seen many queries lately asking for a good provider for retirement funds but specifically mentioning "not Old Mutual"

 

[chrisc]

OM returns are on a par, but their fees are too high

Compare Sygnia with OM and you can see the extra you receive with lower fees

 

[Nerfherder]

Please stop posting headlines like this - its misleading.

All RA investment companies are expressing concerns about the Two Pot system.
The headline makes it look like OM is in trouble.

 

[FiestaST]

Warnings ‘R Us.

 

[Bliksis]

Old Mutual retirement fund warning

There are a growing number of South Africans using retirements funds under the new two-pot system to generate better returns on their emergency savings. However, there are big problems with this strategy.

FFS Shaun. This is old news already. Jesus.

 

[Bliksis]

Please stop posting headlines like this - its misleading.

All RA investment companies are expressing concerns about the Two Pot system.
The headline makes it look like OM is in trouble.

You're asking too much. Quality reporting is not what Broadmedia is about. They just want you to read the articles.

 

[Pho3nix]

I've seen many queries lately asking for a good provider for retirement funds but specifically mentioning "not Old Mutual"

Who are you recommending? Found OM better than Sanlam

 

[Heisenborg]

Old Mutual retirement fund warning

There are a growing number of South Africans using retirements funds under the new two-pot system to generate better returns on their emergency savings. However, there are big problems with this strategy.

Go get some love from Biankebot. You seem stressed

 

[Bliksis]

Go get some love from Biankebot. You seem stressed

He seems stoically dumb.

 

[Hemi300c]

Who are you recommending? Found OM better than Sanlam

I'm a FSP for short-term and hence I cannot recommend anyone as that would be illegal as I'm not a Long-term FSP.