Regulation 28 compliant portfolios

Convert your Regulation 28-compliant retirement annuity and/or preservation fund into a bespoke private share portfolio. This private share portfolios are managed in accordance with Regulation 28 of the Pension Fund Act.

Regulation 28 Compliant Portfolios

Convert your Regulation 28-compliant retirement annuity and/or preservation fund into a bespoke private share portfolio. This private share portfolios are managed in accordance with Regulation 28 of the Pension Fund Act.

What is a Regulation 28 Compliant Portfolio?

A Regulation 28 private share portfolio (PSP) allows a client to convert and invest his / her pension fund or provident fund and/or retirement annuities to a tailored share portfolio.

PSP investing involves a bespoke investment portfolio in which shares and other securities are held and managed in the investor’s name. These portfolios are managed in accordance with Regulation 28 of the Pension Fund Act.

In a diversified portfolio, your risk will be spread across the allocated assets, sectors and geographical areas, potentially minimising the impact of negative market conditions.

Designed to protect

Regulation 28 of the Pension Funds Act is designed to protect your retirement savings by limiting where and how much you can invest in different types of assets. Its primary goal is to reduce unnecessary risk by ensuring your retirement investments are diversified. This regulation applies to all retirement funds (retirement annuities, pensions, provident and preservation funds). Both new investments and any changes made to existing retirement savings must comply with Regulation 28’s guidelines.

How to transfer retirement fund benefits to a PSP

 

Step 1

We facilitate a seamless and transparent process to open a Private Share Portfolio (PSP) account with Glacier in your name.

Step 1

We facilitate a seamless and transparent process to open a Private Share Portfolio (PSP) account with Glacier in your name.

Step 2

Your independent financial advisor will initiate the section 14 transfer once all the required regulatory paperwork has been done.

Step 2

Your independent financial advisor will initiate the section 14 transfer once all the required regulatory paperwork has been done.

Step 3

Once the proceeds of your retirement funds (which may include pension, provident and preservation funds as well as retirement annuities) have been received in your PSP portfolio, these funds will be invested on a bespoke basis.

Step 3

Once the proceeds of your retirement funds (which may include pension, provident and preservation funds as well as retirement annuities) have been received in your PSP portfolio, these funds will be invested on a bespoke basis.

The PSP will be supervised by an expert portfolio manager who will administrate and monitor your assets’ performance on your behalf.

Through this fully managed portfolio, our team will invest for you based on your financial needs and risk appetite to help you reach your investment goals within your proposed timeframe.

In a diversified portfolio, your risk will be spread across the allocated assets, sectors and geographical areas, potentially minimising the impact of negative market conditions.

Managed accounts diversify your portfolio by increasing your exposure to global capital markets – either via equity, fixed income, structured products, ETFs and alternative investments.

VEGA has service level agreements with

VEGA has service level agreements with

What are the
Regulation 28
limits?

The main investment limits under Regulation 28 are:

  • Up to 75% of your retirement savings may be invested in shares (equities).

  • Up to 25% can be invested in listed property.

  • Up to 45% can be allocated to international assets.

  • For more detailed information about these limits and how they apply to your specific investment, it’s recommended to consult with your financial adviser.

To discuss your investments & wealth management requirements, or know about our services.

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Elliminate uncertainty

Investors often face uncertainty about what they are truly getting for the fees they pay on their investments. Advisory fees can sometimes be frustratingly high, and many financial advisors fail to conduct a thorough financial needs analysis, resulting in products that might not be the optimal solution for the investor’s objectives.

Expert research and strategic decision-making

A significant drawback of many financial advisors is the passive management of clients’ portfolios, which can hinder the achievement of the best possible returns. In contrast, a Private Share Portfolio (PSP) offers a bespoke, actively managed investment approach. Expert research and strategic decision-making what they are truly getting for the fees they pay on their investments drive the management of PSPs, ensuring that each portfolio is tailored to the client’s specific financial goals and risk tolerance.

Expert research and strategic decision-making

A significant drawback of many financial advisors is the passive management of clients’ portfolios, which can hinder the achievement of the best possible returns. In contrast, a Private Share Portfolio (PSP) offers a bespoke, actively managed investment approach. Expert research and strategic decision-making what they are truly getting for the fees they pay on their investments drive the management of PSPs, ensuring that each portfolio is tailored to the client’s specific financial goals and risk tolerance.

Personal investment strategy

Switching to a PSP allows investors to benefit from a more personalized, hands-on investment strategy, providing transparency and better alignment with their financial objectives. This proactive management approach aims to optimize returns and ensure that each investment decision is made with the investor’s best interests in mind.