Personal Finance and linked investment product company, TMA Investment Products Services, have again joined forces to hold a series of national seminars on retirement in March.
A major focus of the seminars will be any changes expected to retirement funds taxation made by Finance Minister Trevor Manuel when he delivers his budget in parliament on February 17.
The seminars will include a number of new topics year including the psychology of retirement.
Speakers, who are experts in numerous fields associated with retirement, have been lined up for the seminars.
The all-day seminars will kick off in the Western Cape on March 23 at the conference centre at Spier Estate outside Stellenbosch. Next comes Durban on March 25 at the Royal Hotel. The final leg will be held at Vodaworld Conference Centre at Midrand in Gauteng on March 30.
Benefits of attending the seminars include:
* Showing you how to build up and preserve your retirement funds;
* Estimating your needs for retirement;
* Providing you with guidelines for the best pre- and post-retirement investment strategies;
* Helping you prepare mentally for retirement; and
* Assisting you to plan for efficient taxation in the build up to your retirement and thereafter.
One of the country's top experts in financial planning and retirement tax, Jacqui Segal of M3 Capital, will deal with Manuel's retirement tax proposals as well as how they fit into the recommendations made by Michael Katz in his plan for a new retirement tax regime.
A number of speakers have been lined up to deal with the equally important issue of investing and protecting your money. These include Peter Linley, who heads the unit trust investment team at Old Mutual; Trevor Garvin at TMA Investment Management Services and Craig Erwin of Marriott Property Services.
Chris Bvsenberg, an independent retirement fund adviser, who for a number of years has been responsible for the industry benchmark on retirement fund developments conducted by life assurance giant Sanlam, will explain how a retirement fund should be properly administered.
This has become an extremely important factor with the control of retirement funds increasingly being put into the hands of members with elected trustees.
With expectations that many people are now likely to spend as much time in retirement as they did working the psychology of retirement has too become an important issue.
Dealing with this issue will be Dr Kobie Taljaard, director of human resources at the Cape Technikon and an acknowledged expert in this field.
Top financial adviser Nigel Scott will deal with the most often asked question of how to deal and choose a financial adviser.
Personal Finance columnist, radio talk show host, author and deputy chairman of Citadel Financial Services, Magnus Heystek, will detail changes taking place in the retirement industry and how you need to adapt your retirement plans to the changes.
Bruce Cameron, Editor of Personal Finance and co-author with Magnus Heystek of a book on retirement, will speak about how to estimate how much money you will need in retirement and how to plan to meet this target before you retire.
To reserve your seat at the seminars you must book early.
TMA/PERSONAL FINANCE "TRUTH ABOUT RETIREMENT" SEMINARS
07h30 - 08h00
Registration
08h00 - 08h15
Welcome Address
Dave Donald - Managing Director: TMA IPS (Pty) LtdBruce Cameron - Editor: Personal Finance
08h15 - 08h45
Introductory Overview
- The changing face of the investment industry- How to cope with an ever changing landscapeMagnus Heystek - Deputy Chairman: Citadel Investment Services
08h45 - 09h30
Retirement fund taxation and policy
- Katz proposals in a nutshell- The impact of the Katz tax model on retirement funds- How to preserve your retirement fund accumulation and taxation on retirementJacqui Segal - Head, Investment Products: M3 Capital
09h30 - 10h15
Dealing with the market
- Is a global recession on the cards?- What factors will drive financial markets over the next 12 months- Asset allocation during times of uncertaintyJohn Phillips, CEO Franklin Asset Management
10h15 - 10h45
Tea
10h45 - 11h30
Mutual funds: the people's choice
- Trends emerging in the local Unit Trust Industry- Analysing performance across all sectors of the industry- Are unit trusts becoming an expensive investment medium?Peter Linley - Investment Head, Unit Trusts: Old Mutual Asset Managers
11h30 - 12h15
Managing the investment manager
- How to use the multi manager concept to best effect- How to identify and evaluate a good fund manager- Are "funds of funds" the solution to market timing, asset allocation and fund manager selection?Trevor Garvin - Operational Manager: TMA IMS (Pty) Ltd
12h15 - 13h00
Property as an investment
- Is the long awaited recovery in Property Unit Trusts underway - A review of the property market in South Africa and emerging trends- Impact of retirement fund taxation on Property Unit TrustsCraig Ewin - Joint Managing Director: Marriott Property Services
13h00 - 14h00
Lunch
Breakaway Workshops: Investment Advisers - Option A
14h00 - 14h45
The essentials of retirement fund management in South Africa
- Understanding the purpose and nature of retirement funds- A synopsis of recent legislation, rules and codes of conduct for retirement fund managementChris Bvsenberg - Independent Financial Adviser: BSI Employee Benefits
14h45 - 15h30
The truth about giving financial advice
- Legal and regulatory environment within which financial advisers will be working- The operational and technical challenges facing financial advisers- The future of the independent financial adviserNigel Scott - Independent Financial Adviser: Scott Adkins
General Public - Option B
14h00 - 15h00
When planning for retirement, how much is enough?
- How to estimate your retirement needs and chart a plan of action to minimise any shortfallsBruce Cameron - Editor: Personal Finance
15h00 - 15h30
Retirement : the fulfilment of a life-time's ambitions
- How to prepare yourself mentally for a new phase of lifeDr Kobie Taljaard - Director, Human Resources: Cape Technikon
15h30 - 15h45
Tea
15h45 - 16h30
Panel Discussion
Questions and answers from the floor
Chairman:Magnus Heystek - Citadel Investment ServicesParticipants:Bruce Cameron - Personal Finance
Chris Bvsenberg - BSI Employee BenefitsCraig Ewin - Marriott Property ServicesJacqui Segal - M3 CapitalKobie Taljaard - Cape TechnikonPeter Linley - Old Mutual Asset ManagersNigel Scott - Scott AdkinsTrevor Garvin - TMA Investment Management Services (Pty) Ltd
TMA Investment Products Services (Pty) Ltd reserve the right to change the programme as circumstances dictate.
For more information and to book for the seminars, contact Worth Publishing, PO Box 3013, Dainfern, 2055, telephone: 2711 7998150, fax 2711 7998063 or email: