Introduction As the world progresses with improvements in technology and medicine, today an average person is expected to live longer than they did before. On the other hand, the number of years where that the same person can work and earn an income is limited. In Namibia the normal retirement age is 60 years of Read more about When can members claim pension benefits?[…]
• Debit order investments – you can make regular payments, e.g. monthly, into your account; and • Switching – as there are many different collective investment portfolios, you can switch between different portfolios at little or no cost. Do all unit trusts have equal risk? All investment carry some degree of risk that could affect Read more about Questions to ask your before investing in a Debit order investments[…]
There are many ways of laundering money, sponsoring terrorism as well as manufacturing, acquisition and distribution of weapons of mass destruction in violation of national and international laws. This article aims to inform you, the consumer, of some of the ways these illegal activities are carried out. Money Laundering Techniques Money laundering involves taking illicit Read more about How money is laundered and how terrorists are sponsored[…]
Pension Backed Housing Loans (PBHLs) have become a very important part of the pension fund industry as they give members the chance to use their pension benefits/savings (fund credit) to buy immovable property such as houses, flats, apartments or land, or to make renovations to their homes. PBHLs have become popular in Namibia and are Read more about Pension Backed Housing Loans – how do they work?[…]