Retirement is a significant life transition that can be both exciting and daunting. For many, it’s a time to pursue long-held dreams, travel, and spend more time with family and friends. For others, it can be a time of uncertainty,…
Retirement is often seen as a time of relaxation and enjoyment, a well-deserved break from the daily grind of work. However, for many retirees, the transition to a new lifestyle can be challenging, leading to a range of mental health…
As the population of Africa continues to age, the issue of pension adequacy has become a growing concern. Many retirees are finding it challenging to make ends meet on their pensions, leading to poverty and social exclusion. In 2023, African…
We’re thrilled to announce that Systech clinched the coveted title of ‘Best Pension Management System Provider in 2023’ at the renowned DigitalTech100Awards. This significant recognition underscores our unwavering dedication to revolutionizing pension management in the African market. Innovating with FundMaster:…
Your 40s are a critical time for retirement planning. With retirement approaching, it’s important to take charge of your financial future and maximize your savings. Here are some practical ways to do so. Assess Your Retirement Goals The first step…
Corruption is a major concern for retirement savings in Africa. In many cases, funds intended for retirement savings are misused or stolen, leaving retirees with little or no savings. Here’s what you need to know about protecting your retirement savings…
South Africa’s new two-pot retirement system will take effect on March 1, 2024. The system aims to encourage long-term savings and discourage early withdrawals by allowing South Africans to access one-third of their retirement savings throughout their career and the…
As Africa undergoes significant demographic shifts, one of the most pressing challenges facing the continent is the aging population. With advancements in healthcare and improved living conditions, life expectancy has increased, leading to a larger proportion of elderly citizens. This…
Political instability can have a significant impact on African pension scheme members. In this article, we’ll explore the ways political instability can affect pension schemes and what members can do to protect themselves. What is Political Instability? Firstly, let’s define…
When discussing African pension schemes, it is crucial to acknowledge the often overlooked but essential role women play. Women’s participation in pension schemes is not only critical for their future financial security but also for the overall health of pension…
Urbanization is an ongoing trend in Africa, with more and more people moving from rural areas to urban centers in search of better opportunities. While this can have many benefits, it also has a significant impact on pension scheme members…
Graduating from college is an exciting time in any student’s life. However, it can also be a time of uncertainty, especially for IT and computer science graduates. With the rapidly changing technology landscape, it’s essential to stay ahead of the…