How EasyEquities puts South Africans in control of their retirement annuities
Planning for the future is an essential part of life, and the earlier you set up a retirement annuity (RA), the better.
EasyEquities understands this, which is why it has tailored its RA to be as easy to use as possible, removing many of the barriers that usually put off potential investors.
A great example of this is the experience of Mark Leathers, a lawyer and pilot in his 40s, who recently decided to be more proactive with managing his retirement policies.
Initially, he tried going through the standard processes and setting up RAs with big-name providers.
However, these proved to be taxing to manage with Leathers noting that while he was technically able to monitor his RA, in practice, it was slow and unintuitive.
Additionally, he realised that setting up multiple RAs meant managing numerous sets of statements, logins, and other administrative tasks.
Leathers found this heavy administrative price unsatisfactory, as he was looking for a platform where he could have a clear view of what was happening with his RAs without having to go through multiple processes.
This desire led him to EasyEquities.
How EasyEquities helped him
The key benefit that EasyEquities offers – alongside its extensive portfolio of investment solutions – is a consolidated platform where users can see and manage all their investments in a single place.
This platform also includes built-in learning tools to help less experienced investors, making self-directed investing much easier.
For South Africans like Leathers, this also provides superior control over their retirement funds.
If you already have an RA and you are interested in moving to EasyEquities to reap the benefits of consolidation, you are also in luck. When you transfer an RA you have with another provider to EasyEquities, you get a 1% cashback* to invest however you like.
RAs can be moved to EasyEquities in just a few simple steps, as we’ve listed below:
- Retirement map – List all the RAs you have in a single place.
- Recent statement – Pull recent statements for each one; and include details such as provider name and policy or reference number.
- Set a goal – Determine the current state of your accounts and determine whether there is a need for improvement.
- Start the process – RA transfers are usually a provider-to-provider process with forms, verification, and checks.
- Stay updated – Keep an eye on updates and respond promptly when information is requested to avoid delays.
Once the transfer is over, you will be able to check all your RAs from a single portal at your convenience.
EasyEquities offers the simplest way to streamline your RA management and regain control over your finances.
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